MGW Real Estate Information

The Brolund Farm
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Price : $6,750 per acre Sold
County: Winnebago

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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 75 miles northwest of Chicago O'Hare International Airport and is contiguous to the village of Pecatonica. Nearby towns include: Winnebago (5 miles southeast), Rockford (7 1/2 miles east), and Durand (8 1/2 miles north).
Frontage: There is approximately 3/8 mile of road frontage on Lundgren Road and 5/8 mile on Berglund Road.
Major Highways: U.S. Route 20 is 3/8 mile south, Illinois Route 70 is 5 1/4 miles north, and Illinois Route 2 is 10 1/2 miles southeast of the property.
Legal Description: A brief legal description indicates The Brolund Farm is located in Part of Section 33, Township 27 North, Range - 10 East (Pecatonica Township), Winnebago County, Illinois.
Total Acres: There are a total of 147.57 acres, more or less, according to the Winnebago County Assessor's Office.
Tillable Acres: There are approximately 110.75 tillable acres according to the Winnebago County FSA, of which 17.7 acres are currently enrolled in CRP. The current annual CRP contract payments total $2,526. There are approximately 93 acres currently in production.
Soil Types: Major soil types found on this farm include Selmass loam and Griswold loam.
Topography: The topography of the Brolund farm is level to gently rolling.
Climate/Growing Season: Winnebago County has a continental climate typical of northern 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 two-thirds 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 productions of corn, wheat 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 $6,750 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 $1,500.34. The tax parcel numbers are #09-33-251-001, #09-33-401-001, and #09-33-426-001.
Grain Markets: There are a number of grain markets located within 15 miles of The Brolund Farm.
Zoning: The Brolund Farm is zoned AG - Agricultural.
Comments: Excellent diversified investment. Hunting and recreational opportunities with 112 acres of income-producing cropland. Adjacent to residential development, with future upside.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
529A Selmass loam 32.83 163 5351
363D2 Griswold loam 24.39 145 3537
363B Griswold loam 17.71 154 2727
528A Lahoguess loam 16.91 170 2875
728A Winnebago silt loam 7.16 162 1160
440B Jasper silt loam 4.62 173 799
622B Wyanet silt loam 3.98 159 633
440A Jasper silt loam 3.15 175 551
    Total: 110.75    

TOTAL ACRES - 147.6 acres, more or less
TILLABLE ACRES - 110.8 acres, or 75.0% per FSA figures
CORN YIELD - 159.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 119.5 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.