16989 E Ritchie Road, Rochelle, IL 61068

$849,900 Asking Price

4 beds
2 baths
2,800  sqft
Built in 1920

The opportunity of a lifetime to own this gorgeous equestrian estate on 10 acres. Prestigious location is well known as a great venue for rodeo events, private parties, horse boarding, margarita festival and much more. Beautiful and spacious farmhouse with open floor concept. You will love the huge kitchen and formal dining room. First floor master bedroom with walk in closet and adjacent to 1st floor full bath. Room for everyone on the 2nd floor with 3 spacious bedrooms and remodeled bathroom. Walk out from the living room to the wrap around porch for beautiful views at sunset or morning coffee. Home surrounded by big trees and fruit trees for privacy. Permits in place for rodeo events. 100x60 pavilion has a music stage and sits about 150. 65x30 warehouse with high ceilings ideal to store large equipment or incorporate to the pavilion for additional seating. 15 horse stalls on the 105x50 barn with room for more. The outdoor arena has plenty of seating and parking for audience. 100+ free range chickens with chicken coop. Car collectors dream with plenty of garage space and additional structures to store them. Property is conveniently located near major highways. Don't miss this business opportunity.MULTIPLE OFFERS RECEIVED HIGHEST & BEST DO MONDAY APRIL 29TH AT 4:00PM


Features & Amenities

Interior

General:
First Floor Bedroom
Rooms:
Enclosed Porch
Appliances:
Range, Refrigerator, Water Softener
Dining:
Separate
Basement:
Full
A/C:
Central Air
Heating:
Propane, Forced Air, Wood
Disability Feature:
None

Exterior

General:
Vinyl Siding, Porch Screened, Barn(s), Grain Storage, Outbuilding, Second Garage, Stable(s), Arena, Garage(s), Outdoor Riding Ring, Storage, Utility Building(s)
Parking:
Garage, Parking spaces: 4

Construction

Roofing:
Asphalt
General:
2 Stories

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
231
County:
Ogle

Lot

Zoning:
25324000110000

Utilities

Utilities:
Circuit Breakers
Water:
Private Well
Sewer:
Septic-Private

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5% -$450

This listing courtesy of:
Century 21 TK Realty, Oralia Herrera

About Rochelle, IL

Housing

Number of Units
6,490
Median Home Value
$141,082
Median Rent
$679

38.07% of housing units are renter occupied.

6.67% are vacant.

Commute

Car
88.63%
Public Transportation
0.04%
Walk to Work
0.55%
Work from Home
9.41%
Other
1.31%

The median travel time to work is 25 minutes.

People

Population
15,697
Median Age
38.20
Median Household Size
2.59

Education

High School
31.36%
Associate’s Degree
10.86%
Bachelor’s Degree
12.45%
Graduate Degree
7.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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