The Brandt Property

Location: The subject property is located approximately 28 miles south of Chicago O'Hare International Airport and is contiguous to New Lenox and Joliet. Nearby cities include: Lockport (1 mile northwest), Mokena (3 1/2 miles east), and Frankfort (6 1/2 miles southeast). Frontage: There is approximately 1/16 mile of road frontage on U.S. Route 6. Major Highways: U.S. Route 6 is the south border of the property, Interstate 355 is 5/16 mile east, Interstate 80 is 1 1/8 miles southeast, and U.S. Route 30 is 1 3/4 miles south of the property. Legal Description: A brief legal description indicates The Brandt Property is located in Part of the North Half of Section 5, Township 35 North Range 11 East (New Lenox Township), Will County, Illinois. Total Acres: There are a total of 78.39 acres, more or less, according to the Will County Treasurer. There are approximately 86.8 acres according to the Will County Assessor. Official acreage will be determined by a survey, prior to closing. Soil Types: Major soil types found on this property include Markham silt loam and Beecher silt loam. Topography: The topography of the subject property is level to gently rolling. Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner. Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract. Price Terms: The asking price is $31,500 per acre. A 10% earnest money deposit should accompany any offer to purchase. Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request. Taxes: The 2024 real estate taxes totaled $494.82. The tax parcel numbers are: #15-08-05-100-012-0000 & #15-08-05-200-002-0000. The taxes reflect the property's prior enrollment in a tax-advantaged forestry program. Zoning: The property is zoned A-1, Agricultural. Comments: Well-located property with future development potential. The land is contiguous to Hadley Valley Forest Preserve, New Lenox, and Joliet, and is in close proximity to Interstates 80 and 355. There is a driveway easement over the southwest corner of The Brandt Property that is used by the neighboring homeowner.