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Solarfield Farm

$1,024,920
Somonauk Road, Sandwich, IL
Status: Active
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Property Type
Acreage
Acreage
56.94 acres
County
DeKalb, IL
Format
Sale
Features
Hwy-County Rd Frontage
List Date
Oct 15, 2024
Documents
Solarfield Farm Booklet
Description
The Solarfield Farm is leased (20-year term) to Summit Ridge Solar at $1,250 per acre, per year, paid monthly with a 2% annual escalator and three, 5-year extension options. An electric substation is adjacent to the property. The Engel 1 Solar Lease (15.53 acres) Operating commencement was January 10, 2023 and the Engel 1A Solar Lease (15.222 acres) Operating commencement was October 1, 2023. There are no buildings and the farm lease is open for 2025. The property is 4.2 miles northwest of Sandwich, 29.7 miles northeast of Mendota, 62.2 miles northwest of Chicago, 62.6 miles southeast of Rockford, 102.0 miles north of Bloomington, 121.0 miles northeast of Moline, 170.0 miles northeast of Springfield. From the intersection of Center Street and Main Street in Sandwich, Illinois, travel west 2.4 miles on Center Street (turns into Suydam Road), then north 2.0 miles on Somonauk Road (Co Hwy 10). From the intersection of IL 38 and 4th Street (IL 23), travel south for 11.1 miles, then east on US Hwy 30 for 5.2 miles, turning south on Somonauk Road (Co Hwy 10) for 5.8 miles.
Listing Agent
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Ray Brownfield
Co-Op Member Owner
Land Pro LLC
Oswego, Illinois
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