MGW Real Estate Information

The Buffalo Creek Subdivision Property
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Price : $585,000 Sold
County: Ogle

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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 86 miles west of Chicago O'Hare International Airport and within the City of Polo. Nearby towns include: Forreston, (9 miles north), Dixon (10 miles southeast), and Oregon (12 miles northeast).
Frontage: There is approximately 1/3 mile of road frontage on West Eagle Point Road, 1/16 mile on North Cherry Avenue, and 1/16 mile on Locust Street.
Major Highways: U.S. Route 52/IL Route 26 is 1/4 mile east, Route 64 is 4 miles north, and Interstate 88 is 14 miles south of the property.
Legal Description: A brief legal description indicates the Buffalo Creek Subdivision is located in Part of the Northwest 1/4 of Section 16, and Part of the Northeast 1/4 of Section 17, Township 23 North - Range 8 East (Buffalo Township), in Ogle County, Illinois.
Total Acres: There are a total of 40.598 acres, more or less, according to a survey.
Tillable Acres: There are approximately 30.0 tillable acres.
Soil Types: Major soils types found on this farm include Parkway silt loam, Sable silty clay loam, and Lawson silt loam.
Topography: The topography of the subject farm is level.
Climate/Growing Season: Ogle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over 2/3 of this coming during the growing season. Snowfall averages about 33" 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 $585,000 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 2012 taxes totaled $5,427.26. PIN#s are available upon request.
Grain Markets: There are a number of grain markets located within 10 miles of the Buffalo Creek Subdivision.
Zoning: This property is zoned R-1 Single Family Residential.
Comments: Excellent investment opportunity. Productive farmland, home with outbuildings.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
686C2 Parkway silt loam 10.1 173 1747
68A Sable silty clay loam 6.3 192 1210
3451A Lawson silt loam 4 190 760
51A Muscatune silt loam 3.9 200 780
233C2 Birkbeck silt loam 3.4 155 527
86B Osco silt loam 2.3 189 435
    Total: 30    

TOTAL ACRES - 40.6 acres, more or less
TILLABLE ACRES - 30.0 acres, or 73.9% per FSA figures
CORN YIELD - 182.0 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 134.5 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.