1167 Somonauks Rd., Somonauk, IL 60552

1167 Somonauks Rd., Somonauk, IL 60552
Photo 1 of 4
$440,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 16097.82
On the market: 106 days

Est. Monthly Payment:

$3,857($2,516 + $1,341 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Amy Rogus, Century 21 Integra