MGW Real Estate Information

The O'Brien Road Farm
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Price : $10,900 per acre Sold
County: Kane

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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 40 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Hampshire (1 1/4 miles southeast), Huntley (5 miles west), Marengo (6 miles northwest), and Genoa (6 3/8 miles southeast).
Frontage: There is approximately 1/4 mile of road frontage on O'Brien Road.
Major Highways: Interstate 90 is 1 1/8 miles northeast, Illinois Route 23 is 3 miles northwest, Illinois Route 72 is 3 7/8 miles south and Illinois Route 47 is 7 1/4 miles east of the property.
Legal Description: A brief legal description indicates the O'Brien Road Farm is located in Part of the Southeast Quarter of Section 6 in Township 42 North - Range 6 East (Hampshire Township) in Kane County, Illinois.
Total Acres: The are a total of 37 acres, more or less.
Tillable Acres: There are approximately 36.3 tillable acres.
Soil Types: Major soils types found on this farm include Hooppole loam and Kane silt loam.
Topography: The topography of the farm is level.
Climate/Growing Season: Kane 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 inches with over two thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. 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 $10,900 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 2012 Real Estate Taxes totaled $407.54. The tax parcel number is #01-06-400-003.
Grain Markets: There are a number of grain markets located within 10 miles of the O'Brien Road Farm.
Zoning: The farm is zoned Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
488A Hooppole loam 33.9 163 5526
343A Kane silt loam 2.4 168 403
    Total: 36.3    

TOTAL ACRES - 37.0 acres, more or less
TILLABLE ACRES - 36.3 acres, or 98.1% per FSA figures
CORN YIELD - 163.3 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 160.2 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.