MGW Real Estate Information

The Lasher Road Farm
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Price : $9,900 per acre Sold
County: Kane

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Contact Details -
Jeff Waddell/Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0501

Property Details
Location: The subject farm is located approximately 33'miles southwest of Chicago O'Hare International Airport. Nearby towns include: Kaneville (1 mile northeast), Sugar Grove (2 1/4 miles southeast), Big Rock (2 1/2 miles south), Elburn (5 miles northeast), and Hinckley (5 miles southwest).
Frontage: There is approximately 1/2 mile of road frontage on Lasher Road.
Major Highways: Interstate 88 is 3 miles north, U.S. Route 30 is 3 miles south, and Illinois Route 47 is 3 1/2 miles east of the property.
Legal Description: A brief legal description indicates The Lasher Farm is located in Part of the South Half of Section 34, Township 39 North - Range 6 East (Kaneville Township), Kane County, Illinois.
Total Acres: There are a total of 211.78 acres, more or less, according to the Kane County Assessor's Office.
Tillable Acres: There are 195.96 tillable acres according to the Kane County FSA.
Soil Types: Major soil types found on this farm include Drummer silty clay loam and Mayville silt loam.
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 $9,900 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 2014 taxes totaled $6,218.20. The tax parcel numbers are #10-34-300-008 and #10-34-400-001.
Grain Markets: There are a number of grain markets located within 20 miles of The Lasher Road Farm.
Zoning: The Lasher Road Farm is zoned F, Farming District.
Comments: Top quality farm in an excellent location, just 8 miles west of Aurora.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 47.56 195 9274
193C2 Mayville silt loam 42.35 139 5887
662B Barony silt loam 22.9 170 3893
193B Mayville silt loam 16.93 148 2506
3076A Otter silt loam 13.71 186 2550
149A Brenton silt loam 8.86 195 1728
206A Thorp silt loam 7.42 170 1261
667A Kaneville silt loam 6.65 178 1184
198A Elburn silt loam 6.59 197 1298
104A Virgil silt loam 5.57 182 1014
442A Mundelein silt loam 4.6 188 865
62A Herbert silt loam 3.99 179 714
348C2 Wingate silt loam 2.79 153 427
330A Peotone silty clay loam 2.28 164 374
154A Flanagan silt loam 1.48 194 287
792B Bowes silt loam 1.33 174 231
679B Blackberry silt loam 0.95 192 182
    Total: 195.96    

TOTAL ACRES - 211.8 acres, more or less
TILLABLE ACRES - 196.0 acres, or 92.5% per FSA figures
CORN YIELD - 171.8 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 159.0 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.