MGW Real Estate Information

The Fergen/Hart Farm
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Price : $10,900/acre Sold
County: McHenry

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Contact Details -
Jeff Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0501
Email: Jeff.Waddell@mgw.us.com

Property Details
Location: The subject farm is located approximately 47 miles northwest of Chicago and O'Hare International Airport. Spring Grove, 1 1/2 miles to the southwest, Johnsburg, 3 miles to the north, and Richmond, 5 3/4 miles to the southeast.
Frontage: There is approximately 1/4 mile of road frontage on Spring Grove Road.
Major Highways: U.S. Route 12 is 1/2 mile north, State Highway 31 is 4 miles southwest, and Interstate 94 is 18 1/2 miles east of the property.
Legal Description: A brief legal description indicates the Fergen/Hart Farm is located in the Northeast 1/4 of the Northeast Quarter of Section 35 and Part of the North Half of the Northwest Quarter of Section 36, Richmond Township (T.46N.-R.8E.), McHenry County, State of Illinois.
Total Acres: There are a total of 117.5 acres, more or less, according to the McHenry County Assessors Office.
Tillable Acres: There are 97.5 tillable acres according to the McHenry County FSA Office.
Soil Types: Major soil types found on this farm include Ringwood silt loam, Griswold loam, and Proctor silt loam.
Topography: The topography of the subject farm is gently rolling to rolling.
Climate/Growing Season: McHenry County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average we expect about 2750 growing degree days from April 15 through September 30. Annual precipitation averages about 35 inches with over two thirds of this coming during the growing season. Snowfall averages about 36 inches per year. Prevailing winds are from the west and southwest. The climate, combined with the generally excellent soils in this area provides a nearly ideal environment for the productions of corn, wheat and soybeans.
Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
Price and Terms: The asking price is $10,900 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Financing: Mortgage financing is available from several sources including 1st Farm Credit and local banks. Additional names and addresses will be provided upon request.
Taxes: The 2010 Real Estate Taxes totaled $3,591.62. The tax parcel numbers are 04-35-200-002, 04-36-100-006 and 04-36-100-007.
Grain Markets: There are a number of grain markets located within 10 miles of the Fergen/Hart Farm.
Zoning: The farm is zoned Agricultural.
Comments: Excellent location. Contiguous to the Village of Spring Grove, IL.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
297B Ringwood silt loam 30 173 5190
363D2 Griswold loam 25.2 145 3654
363C2 Griswold loam 19.2 148 2842
297A Ringwood silt loam 14.4 175 2520
148B Proctor silt loam 8 183 1464
197A Troxel silt loam 0.7 191 134
    Total: 97.5    

TOTAL ACRES - 117.5 acres, more or less
TILLABLE ACRES - 97.5 acres, or 83.0% per FSA figures
CORN YIELD - 162.1 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 134.5 bushels per acre, based on total acres

Disclaimer : Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquiries, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.