MGW Real Estate Information

The Rimsnider Farm
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Price : $10,900 per acre Sold
County: DeKalb

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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 property is located approximately 40 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Hinckley (3 1/2 miles southeast), Cortland (5 miles north), DeKalb (5 1/2 miles northwest), and Elburn (10 1/2 miles northeast).
Frontage: There is approximately 3/16 mile of road frontage on Rimsnider Road.
Major Highways: Illinois Route 23 is 3 3/8 miles west, U.S. Route 30 is 3 3/4 miles south, Interstate 88 is 4 3/4 miles northeast, and Illinois Route 38 is 5 3/4 miles north of the property.
Legal Description: A brief legal description indicates The Rimsnider Farm is located in Part of the Southeast Quarter of Section 29, Township 39 North - Range 5 East (Pierce Township), DeKalb County, Illinois.
Total Acres: There are a total of 76 acres, more or less.
Tillable Acres: There are approximately 75.13 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Flanagan silt loam and Elpaso silty clay loam.
Topography: The topography of the subject property is level to nearly level.
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 $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.
Grain Markets: There are a number of grain markets located within 15 miles of The Rimsnider Farm.
Zoning: The Rimsnider Farm is zoned A-1 Agricultural.
Comments: The north building site on the east edge of the farm is available separately. The 2-acre farmette includes a 2-story home, barn, corn crib, and detached garage. The asking price is $189,000.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
154A Flanagan silt loam 38.88 194 7543
356A Elpaso silty clay loam 27.54 195 5370
171B Catlin silt loam 8.34 185 1543
152A Drummer silty clay loam 0.37 195 72
    Total: 75.13    

TOTAL ACRES - 76.0 acres, more or less
TILLABLE ACRES - 75.1 acres, or 98.9% per FSA figures
CORN YIELD - 193.4 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 191.2 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.