Baxter Rd Cherry Valley, IL 61016

This exceptional 60.25-acre industrial land parcel, known as The Cook Farm, presents a significant investment opportunity in Cherry Valley, Illinois. Located in Winnebago County, this property boasts approximately 5/32 of a mile of road frontage on Baxter Road, providing excellent accessibility. Its strategic location offers proximity to major transportation arteries, including Interstate 39/US Route 51 (1/4 mile west), US Route 20 (3 3/4 miles north), and Illinois Route 72 (4 miles south). The Cook Farm is conveniently situated approximately 58 miles northwest of Chicago O'Hare International Airport and is within the village of Cherry Valley, with nearby towns including New Milford, Monroe Center, and Rockford. The property's legal description identifies it as part of the Northwest Quarter of Section 33, Township 43 North Range 2 East (Rockford Township). According to the Winnebago County Assessor's Office, the total acreage is 60.25 acres, with approximately 60.83 tillable acres per the Winnebago County FSA. The land features level to gently rolling topography and predominantly Backbone loamy sand and Rockton and Dodgeville soils. All mineral rights owned by the seller are included in the sale. The property is zoned IL - Industrial Light, permitting uses such as production, processing, servicing, repair, storage, public and community services, accessory uses, warehousing, and wholesaling, subject to Village of Cherry Valley approval. The 2023 real estate taxes totaled $1,423.94 (tax parcel #16-33-100-013). The asking price is $1,801,475, and a cash sale is preferred, with a 10% earnest money deposit required with any offer. Mortgage financing options are available. Possession will be granted at closing. Numerous grain markets are located within a 15-mile radius.