MGW Real Estate Information

The Burlington Road Property
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Price : $449,000 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 property is located approximately 31 miles northwest of Chicago O'Hare International Airport and within the village of Burlington. Nearby towns include: Hampshire (2 miles north), Sycamore (5 miles southwest), and Elgin (4 miles northeast). The property address is 12N420 Burlington Road, Hampshire, IL 60140.
Frontage: There is approximately 3/8 mile of road frontage on Burlington Road.
Major Highways: Illinois Route 72 is 2 3/4 miles north, Illinois Route 47 is 3 1/2 miles east, U.S. Route 20 is 4 1/2 miles northeast, Illinois Route 64 is 6 miles south, and Interstate 90 is 7 miles north.
Legal Description: A brief legal description indicates The Burlington Road Property is located in Part of the Southeast Quarter of Section 10, Township 41 North - Range 6 East (Burlington Township), Kane County, Illinois.
Total Acres: There are a total of 28.84 acres, more or less, according to the Kane County Assessor's Office.
Tillable Acres: There are 11.96 tillable acres, according to the Kane County Farm Service Agency.
Soil Types: Drummer silty clay loam is the major soil type found on this property.
Topography: The topography of the subject property 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 2,854 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 $449,000.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2014 real estate taxes totaled $7,148.18. The tax parcel number is #04-10-400-003.
Grain Markets: There are a number of grain markets located within 15 miles of The Burlington Road Property.
Zoning: The current zoning is Agricultural. There is a pre-annexation agreement in place allowing for future residential development.
Comments: The property features an updated 2 story, 3 bedroom home with deck, detached 5 car garage, Sears dairy barn with loft, hay barn, corn crib, pole barn, and smoke house. Current zoning is Agricultural. There is a pre-annexation agreement in place allowing for future residential development. Numerous mature white oak & shag bark hickory trees. Excellent location, close to Chicago suburbs.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 7.96 195 1552
442A Mundelein silt loam 3.39 188 637
527B Kidami silt loam 0.61 155 95
    Total: 11.96    

TOTAL ACRES - 28.8 acres, more or less
TILLABLE ACRES - 12.0 acres, or 41.5% per FSA figures
CORN YIELD - 191.0 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 79.2 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.