MGW Real Estate Information

The Leroy Center Farm
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Price : $7,900 per acre Sold
County: Boone

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Contact Details -
Jeff Waddell/Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0501
Email: Jeff.Waddell@mgw.us.com Josh.Waddell@mgw.us.com

Property Details
Location: The subject farm is located approximately 51 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Capron (1 mile southeast), Poplar Grove (3 miles southwest), and Harvard (6 1/4 miles east).
Frontage: There is approximately 1/2 mile of road frontage on Leroy Center Road.
Major Highways: Illinois Route 173 is 1 1/4 miles southeast, Illinois Route 76 is 4 miles west, U.S. Route 14 is 7 3/4 miles east, and Interstate 39/90 is 10 3/4 miles west.
Legal Description: A brief legal description indicates The Leroy Center Farm is located in Part of the Southeast Quarter of Section 33, Township 46 North - Range 4 East (Leroy Township) and Part of the Northeast Quarter of Section 4, Township 45 North - Range 4 East (Boone Township), all in Boone County, Illinois.
Total Acres: There are a total of 205.83 acres, more or less, according to the Boone County Assessor's Office.
Tillable Acres: There are 202.18 tillable acres according to the Boone County FSA.
Soil Types: Major soil types found on this farm include: Kendall silt loam, Atterberry silt loam, and Selma loam.
Topography: The topography of the subject farm is level to nearly level.
Climate/Growing Season: Boone 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. The climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production 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 $7,900 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 $5,105.00. The tax parcel numbers are: #02-33-400-002, #02-33-400-009, #02-33-400-010, #02-33-400-011, #02-33-400-012, and #04-04-200-003.
Grain Markets: There are a number of grain markets located within 15 miles of The Leroy Center Farm.
Zoning: The Leroy Center Farm is zoned A-1, Agriculture District.
Comments: Top quality farm in an excellent location, just 51 miles from O'Hare International Airport.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
242A Kendall silt loam 74.78 172 12862
61A Atterberry silt loam 31.23 182 5684
125A Selma loam 28.64 176 5041
104A Virgil silt loam 21.32 182 3880
419B Flagg silt loam 10.3 160 1648
21B Pecatonica silt loam 8.91 152 1354
278A Stronghurst silt loam 6.05 171 1035
102A La Hogue loam 5.84 162 946
243A St. Charles silt loam 5.75 168 966
199B Plano silt loam 4.21 192 808
243B St. Charles silt loam 3.39 166 563
68A Sable silty clay loam 1.76 192 338
    Total: 202.18    

TOTAL ACRES - 205.8 acres, more or less
TILLABLE ACRES - 202.2 acres, or 98.2% per FSA figures
CORN YIELD - 173.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 170.7 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.