1167 Somonauks Road

Somonauk, IL 60552

  • 0 Sqft
  • 28.33
    Acres(Lot)
$440,000

Description

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 Type

    Land

  • County

    DeKalb

  • Style

    Land

  • AD ID

    47183471

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BuyOwner last updated this listing Fri Oct 18 2024

  • MLS: MRD12181074
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Midwest Real Estate Data LLC (MRED)

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 28 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Somonauk , in zip code 60552, this DeKalb County Land and are nearby neighborhoods.