• Farm Land
  • Property Type
  • Solarfield Farm
  • Property ID / MLS #
  • 56.94
  • Total Acres

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. GPS 41.685132, -88.653661

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.

Details

Updated on October 15, 2024 at 4:20 pm
  • Property ID / MLS #: Solarfield Farm
  • Price: $1,024,920
  • Property Type: Farm Land
  • Property Status: Available
  • Total Acres: 56.94
  • Address Somonauk Road
  • City Sandwich
  • State Illinois
  • Zip/Postal Code 60548
  • County Dekalb

Contact Information

View Listings
Ray Brownfield
  • Ray Brownfield

Enquire About This Property

Similar Listings

Compare listings

Compare
Ray Brownfield
  • Ray Brownfield