MGW Real Estate Information

The Wehmhoefer Farm
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Price : $10,600 per acre Sold
County: Will

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439
Email: Josh.Waddell@mgw.us.com

Property Details
Location:

The subject farm is located approximately 46 miles southeast of Chicago O'Hare International Airport. The farm is contiguous to the Village of Beecher to the west.  Nearby towns include: Crete (7 miles northwest) and Lowell (9 miles southeast).

Frontage:

There is approximately 1/8 mile of road frontage on Town Center Road, 1/4 mile on County Highway 24 (East Indiana Avenue), and 1/2 mile on South Cottage Grove Avenue.

Major Highways:

County Highway 24 (East Indiana Avenue) borders the property to the south, Illinois Route 1 is 1 1/4 miles west, U.S. Route 41 is 6 miles east, and Interstate 294 is 15 1/2 miles north.

Legal Description:

A brief legal description indicates the Wehmhoefer Farm is located in Part of the East Half of Section 15, and Part of the Southwest Quarter of Section 14, Township 33 North - Range 14 East (Washington Township), in Will County, Illinois.

Total Acres:

There are a total of 200 acres, more or less, according to the Will County Assessor's Office.

Tillable Acres:

There are approximately 183 tillable acres.

Soil Types:

Major soils types found on this farm include Beecher silt loam, Markham silt loam, and Pella silty clay.

FSA Data:

The FSA direct corn yield is 95 bushels per acre and the FSA corn base is 87 acres.  The FSA direct bean yield is 36 bushels per acre, the FSA bean base is 81.4 acres. 

Topography:

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

Climate/Growing Season:

Will County has a continental climate typical of Northern Illinois. The average length of the growing season is nearly 142 days.

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 $10,600 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. Additional names and addresses will be provided upon request.

Taxes:

The 2011 Real Estate Taxes totaled $1,527.18. The tax parcel numbers are #22-22-14-300-001-0000, #22-22-15-200-003-0000, and #22-22-15-400-001-0000.

Grain Markets:

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

Zoning:

The farm is zoned Agricultural.

Comments:

Excellent opportunity - productive soils and future development potential.

 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
298B Beecher silt loam 68 150 10200
531C2 Markham silt loam 52.6 147 7732
153A Pella silty clay loam 33.5 183 6131
232A Ashkum silty clay loam 17.7 170 3009
530D3 Ozaukee silty clay loam 6.9 129 890
330A Peotone silty clay loam 1.9 164 312
103A Houghton muck 1.6 175 280
530D2 Ozaukee silt loam 0.7 140 98
146B Elliott silt loam 0.1 166 17
    Total: 183    

TOTAL ACRES - 200.0 acres, more or less
TILLABLE ACRES - 183.0 acres, or 91.5% per FSA figures
CORN YIELD - 156.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 143.3 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.