MGW Real Estate Information

The Orchard Farm
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Price : $10,200 per acre Sold
County: DeKalb

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269
Email: Mark.Mommsen@mgw.us.com

Property Details
Location: The subject farm is located approximately 60 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Somonauk (5 1/2 miles south), Hinckley (7 1/2 miles northeast), and Paw Paw (14 3/4 miles west).
Frontage: There is 1 mile of road frontage on Orchard Road, 3/8 mile on Council Road.
Major Highways: Illinois Route 23 is 3 1/4 miles west, County Highway 10 is 3 3/4 miles east, U.S. Route 34 is 5 miles south, and U.S. Route 30 is 8 miles north of the property.
Legal Description: A brief legal description indicates the Orchard Farm is located in Part of the South Half of Section 7 in Township 37 North - Range 5 East (Somonauk Township) in DeKalb County, Illinois, consisting of 160 acres more or less.
Total Acres: There are a total of 160 acres, more or less, according to the DeKalb County Assessor's Office.
Tillable Acres: There are 153.4 tillable acres according to the DeKalb County FSA Office.
Soil Types: Major soil types found on this farm include Elpaso silty clay loam, Catlin silt loam, and Flanagan silt loam.
FSA Data: The FSA direct corn yield is 132 bushels per acre and the FSA corn base is 60.2 acres. The FSA direct bean yield is 44 bushels per acre, the FSA bean base is 90.8 acres. There are no wetlands and no highly erodible lands.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: DeKalb 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. This climate, combined with the generally excellent soils in this area, provide a nearly ideal environment for the production of corn and soybeans.
Mineral Rights: They buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.
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 $10,200 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 $5,526.50. The tax parcel numbers are #18-07-300-001 and #18-07-400-001.
Grain Markets: There are a number of grain markets located within 10 miles of the Orchard Farm.
Zoning: The farm is zoned Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
356A Elpaso silty clay loam 65.7 195 12812
171B Catlin silt loam 37.5 185 6938
154A Flanagan silt loam 35.8 194 6945
67A Harpster silty clay loam 9.7 182 1765
221C2 Parr silt loam 4.7 148 696
    Total: 153.4    

TOTAL ACRES - 160.0 acres, more or less
TILLABLE ACRES - 153.4 acres, or 95.9% per FSA figures
CORN YIELD - 190.1 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 182.2 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.