OWNERS: THE BELROSE FARM
AUCTION LOCATION
Ottawa Lions Club
501 Bellevue Ave, Ottawa IL 61350
PROPERTY DESCRIPTION
LandProz is proud to offer this rare 183.36 +/- acres in La Salle County, IL at auction. This parcel will be offered in one single parcel. Land of this quality and potential are rare to hit the market in this area. This farm has been in the same family since the mid 1800’s; over the last 4 generations.
This property features an array of opportunities. Currently the farm ground totals 69.32 +/- tillable acres. The tillable ground carries a weighted average of 120 PI. The farm lays out as a top tier recreational property for any sportsman or hunting group. There are 2 buildings on the farm for storage overlooking the tillable and landscape.
The area has been known to consistently produce trophy whitetails. The surrounding area is mainly large corporation land, along with a non-hunting nature preserve nearby. This allows for the perfect balance of world-class hunting, potential development, timber value, and strong tillable income. Beyond the numbers and wildlife, this farm has a beautiful landscape that goes along with the area. While touring the property you’ll find a landscape reminiscent of Starved Rock State Park with the equal feeling of rich history.
For investors there are plenty of opportunities for residential development or industrial development. The area is known for its silica sand - the sand is used for a wide variety of uses in manufacturing.
Throughout the property is a rail system that runs north and south. The cropland is currently leased year to year with a 50/50 share. The 2021 crops will belong to the current owners.
The farm features approximately 1 mile of Fox River frontage. This tract is located 5 miles N of Interstate 80 and 8 miles N of the IL river.
• 183.36 +/- Deeded Acres
• 69.37 +/- Cropland Acres
• 120.8 PI
• Development possibilities (Residential & Industrial)
• Top tier recreational parcel
• History of trophy whitetails
• Approx. 1 mile of Fox River frontage
• Less than 1 hour from downtown Chicago
• Large marketable timber
• Waterfowl hunting
• Real Estate Taxes $1,710.44
• South of Serena, IL
Please contact LandProz broker Jake Hofer at 309-238-7545 for more information about this property.
TERMS
$100,000 [non-refundable] down on the day of the sale. Balance due at closing, on or before, January 17, 2022. There will be a 2% buyer's premium added to the purchase price. Any statement made the day of the auction takes precedence over previous material. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor seller guarantees its accuracy.
