MGW Real Estate Information

The Nikolic Farm
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Price : $9,900 per acre Sold
County: DeKalb

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Contact Details -
Joshua Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439

Property Details
Location: The subject farm is located approximately 48 miles west of Chicago O'Hare International Airport. Nearby towns include: Genoa (2 miles northwest), Sycamore (3 miles south), and Hampshire (5 3/4 miles northeast).
Frontage: There is approximately 3/16 mile of road frontage on Base Line Road.
Major Highways: Illinois Route 72 is 1 1/2 miles north, Illinois Route 23 is 2 miles west, Interstate 90 is 7 miles north, and Illinois Route 47 is 9 miles east of the property.
Legal Description: A brief legal description indicates the Nikolic Farm is located in Part of the Southwest Quarter of Section 34, Township 42 North - Range 5 East (Genoa Township), in DeKalb County, Illinois.
Total Acres: There are approximately 58 acres, more or less, according to the DeKalb County Assessor's Office.
Tillable Acres: There are approximately 58.2 tillable acres.
Soil Types: Major soil types found on this farm include Parr silt loam and Lisbon silt loam.
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 2,750 growing degree days from April 15 through September 30. Annual precipitation averages about 35" with over 2/3 of this coming during the growing season. Snowfall averages about 36" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn 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. Names and addresses will be provided upon request.
Taxes: The real estate taxes and tax parcel number are to be determined.
Grain Markets: There are a number of grain markets located within 10 miles of the Nikolic Farm.
Zoning: The farm is zoned A-1, Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
221C2 Parr silt loam 15.7 148 2324
221B2 Parr silt loam 13.6 151 2054
59A Lisbon silt loam 8.8 188 1654
356A Elpaso silty clay loam 4.7 195 917
154A Flanagan silt loam 4.6 194 892
330A Peotone silty clay loam 4.2 164 689
103A Houghton muck 2.6 175 455
60D2 La Rose loam 2.2 142 312
512B Danabrook silt loam 1.8 185 333
    Total: 58.2    

TOTAL ACRES - 58.0 acres, more or less
TILLABLE ACRES - 58.2 acres, or 100.3% per FSA figures
CORN YIELD - 165.5 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 166.0 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.