MGW Real Estate Information

The Durand Farm
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Price : $8,690 per acre Sold
County: Winnebago

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0139
Email: Josh.Waddell@mgw.us.com

Property Details
Location:

The subject farm is located 90 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Durand (5 1/2 miles northwest), Rockton (10 miles east), and Pecatonica (11 1/2 miles southwest).

Frontage:

There is approximately 3/16 of a mile of road frontage on Farm School Road.

Major Highways:

Illinois Route 75 is 1/2 mile north, Illinois Route 70 is 3 miles south, U.S. Route 20 is 10 1/2 miles South, and Interstate 90 is 14 1/2 miles east of the property.

Legal Description:

A brief legal description indicates the Durand Farm is located in part of the Southeast Quarter of Section 20 and part of the East Half of Section 29, Township 28 North - Range 11 East (Harrison Township), in Winnebago County, Illinois.

Total Acres:

There are a total of 120 acres, more or less.

Tillable Acres:

There are approximately 119.5 tillable acres, of which 11.4 are currently enrolled in CRP.

Soil Types:

Major soil types found on this farm include Fayette silt loam and Flagg silt loam.

Topography:

The topography of the subject farm is level to gently rolling.

Climate/Growing Season:

Winnebago County has a continental climate typical of northern 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" with over two thirds of this coming during the growing season. Snowfall averages about 36" 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 $8,690 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 approximate 2013 real estate taxes were $1,000. The tax parcel numbers are #06-20-400-005 and part of #06-29-200-006.
Grain Markets:

There are a number of grain markets located within 10 miles of the Durand Farm.

Zoning:

The farm is zoned Agricultural.

 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
280C2 Fayette silt loam 73.2 155 11346
280B Fayette silt loam 28.6 165 4719
419C2 Flagg silt loam 10.3 151 1555
429C2 Palsgrove silt loam 5.1 131 668
8451A Lawson silt loam 2.2 190 418
419B Flagg silt loam 0.1 160 16
    Total: 119.5    

TOTAL ACRES - 120.0 acres, more or less
TILLABLE ACRES - 119.5 acres, or 99.6% per FSA figures
CORN YIELD - 156.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 156.0 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.