MGW Real Estate Information

The Elias Trust Farm
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Price : $9,900 per acre Sold
County: McHenry

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Contact Details -
Jeff Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0501

Property Details
Location: The subject farm is located approximately 45 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Huntley (4 miles east), and Woodstock (4 1/2 miles north).
Frontage: There is approximately 1/4 mile of road frontage on Hemmingsen Road and 1/4 mile on Seeman Road.
Major Highways: Illinois Route 176 is 2 1/2 miles north, Illinois Route 47 is 4 miles east, U.S. Route 20 is 4 1/2 miles west, and Interstate 90 is 7 miles southwest of the property.
Legal Description: A brief legal description indicates the Elias Trust Farm is located in Part of the Northwest Quarter and Part of the South Half of Section 11, Township 43 North, Range 8 East of the Third Principal Meridian in Coral Township, McHenry County, Illinois.
Total Acres: There are a total of 182.75 acres, more or less, according to the McHenry County Assessors Office.
Tillable Acres: There are 175.5 tillable acres according to the McHenry County FSA Office.
Soil Types: Major soil types found on this farm include Warsaw loam, Hooppole loam, Kane silt loam and Will loam.
Topography: The topography of the subject farm is level to very gently 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 $9,900 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 $4,021.24. The tax parcel numbers are 17-11-100-001 & 17-11-400-001.
Grain Markets: There are a number of grain markets located within 10 miles of the Elias Trust Farm.
Zoning: The farm is zoned Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
290A Warsaw loam 52.7 161 8485
488A Hooppole loam 51.1 163 8329
343A Kane silt loam 41.2 168 6922
329A Will loam 17.2 174 2993
379A Dakota loam 5 150 750
8776A Comfrey loam 3.5 185 648
210A Lena muck 2.8 170 476
528A Lahoguess loam 1.9 170 323
318B Lorenzo loam 0.1 142 14
    Total: 175.5    

TOTAL ACRES - 182.8 acres, more or less
TILLABLE ACRES - 175.5 acres, or 96.0% per FSA figures
CORN YIELD - 164.9 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 158.4 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.