MGW Real Estate Information

The Groveland Farm
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Price : $8,995 per acre
County: LaSalle

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

Property Details
Location: The subject farm is located approximately 87 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Dana (1 1/2 miles southeast), Rutland (3 miles west), and Streator (10 1/2 miles northeast).
Frontage: There is approximately 5/16 mile of road frontage on North 4th Road and 1/2 mile on East 10th Road.
Major Highways: Illinois Route 251 is 3 3/4 miles west, Interstate 39/U.S. Route 51 is 4 1/2 miles west, Illinois Route 17 is 5 miles north, and Illinois Route 23 is 7 miles northeast of the property.
Legal Description: A brief legal description indicates the Groveland Farm is located in Part of the Northeast Quarter of Section 15, Township 29 North - Range 2 East (Groveland Township), LaSalle County, Illinois.
Total Acres: There are a total of 104.586 acres, according to a recent survey.
Tillable Acres: There are approximately 94.47 tillable acres.
Soil Types: Major soil types found on this farm include: Drummer silty clay loam, Mona silt loam, and Hartsburg silty clay loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: LaSalle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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 $8,995 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 2015 real estate taxes totaled $2,385.88. The tax parcel numbers is #37-15-202-000.
Grain Markets: There are a number of grain markets located within 10 miles of The Groveland Farm.
Zoning: The farm is zoned Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 21.17 195 4128
448B Mona silt loam 17.02 160 2723
244A Hartsburg silty clay loam 13.53 182 2462
542A Rooks silty clay loam 12.71 190 2415
375B Rutland silty clay loam 10.66 178 1897
91C2 Swygert silty clay loam 5.56 147 817
241D3 Chatsworth silty clay 3.78 75 284
295A Mokena silt loam 2.49 172 428
435A Streator silty clay loam 2.41 177 427
375A Rutland silty clay loam 2.4 180 432
91C3 Swygert silty clay loam 1.41 123 173
295B Mokena silt loam 1.33 170 226
    Total: 94.47    

TOTAL ACRES - 104.6 acres, more or less
TILLABLE ACRES - 94.5 acres, or 90.3% per FSA figures
CORN YIELD - 173.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 156.9 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.