$440,000
Active
1 Day Online
0 Beds0 Baths0 SQFT
Active
1167 Somonauks Road Somonauk, IL 60552
INCOME PRODUCING SOLAR FIELD; This field is 28.337 acres (subject to final survey). Phase I is up and running; Phase 2 construction is complete and coming on-line soon. Rent started at $800 / per leased acre / per year with 1.5% increases annually. Initial contract is a 20-year lease with 3 renewal options; a 10-year and two 5-year renewals. The solar company has an access easement thru the driveway of the house to the east. A copy of the lease with the Solar Company will be available to serious buyers. The solar company pays all of the real estate taxes. This property is incorporated into the Village of Somonauk.
- Property TypeLand
- NeighborhoodN/A
- CountyDekalb
- Taxes$16,097
- HOA/Condo/Coop Fees$0
- Days on Site1 Day
- MLS StatusActive
- MLS ID Number12181074
- Home Size Source N/A
- Year BuiltN/A
- Lot Size28.33 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Acreage 28.33
- Zoning AGRIC
- General Information None
- Lot Size 25.0-99.99 Acres
- Parking Total 0
Interior Features
- Utilities Electric to Site
Exterior Features
- Waterfront Property No
Community Features
- Township Somonauk
- MLS Area Somonauk
Schools
School District
432
Elementary School
James R Wood Elementary School
Middle School
Somonauk Middle School
High School
Somonauk High School
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Monthly Payment (Est.)
$2,183Copyright ©2024 Information is deemed reliable but not guaranteed.