MGW Real Estate Information

The Poplar Grove Farm
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Price : $7,450 per acre Sold
County: Boone

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

Property Details
Location: The subject farm is located approximately 53 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Poplar Grove (3/4 mile south), Caledonia (3 3/4 miles southwest), Capron (3 1/4 miles east), and Roscoe (8 miles west).
Frontage: There is approximately 1/8 mile of road frontage on Poplar Grove Road.
Major Highways: Illinois Route 76 is 1 1/2 miles west, Illinois Route 173 is 1 3/4 miles south, and Interstate 39/90 is 7 3/4 miles west of the property.
Legal Description: A brief legal description indicates The Poplar Grove Farm is located in Part of the Northwest Quarter of Section 7, Township 45 North - Range 4 East (Poplar Grove Township), Boone County, Illinois.
Total Acres: There are a total of 30.0 acres, more or less, according to the Boone County Assessor's Office.
Tillable Acres: There are 28.56 cropland acres, according to the Boone County FSA.
Soil Types: Major soil types found on this farm include Rozetta silt loam and Elburn silt 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 $7,450 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 real estate taxes totaled $854.52. The tax parcel number is #04-07-100-002.
Grain Markets: There are a number of grain markets located within 15 miles of The Poplar Grove Farm.
Zoning: The Poplar Grove Farm is zoned A-1, Ag. Preservation.
Comments: Great opportunity to own productive farmland just outside of Poplar Grove, Illinois.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
279A Rozetta silt loam 7.49 164 1228
198A Elburn silt loam 6.45 197 1271
125A Selma loam 3.95 176 695
104A Virgil silt loam 3.81 182 693
419B Flagg silt loam 3.35 160 536
310B McHenry silt loam 2.7 154 416
310C2 McHenry silt loam 0.65 148 96
278A Stronghurst silt loam 0.16 171 27
    Total: 28.56    

TOTAL ACRES - 30.0 acres, more or less
TILLABLE ACRES - 28.6 acres, or 95.2% per FSA figures
CORN YIELD - 173.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 165.4 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.