MGW Real Estate Information

The Ferb Farm
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Price : $6,950 per acre Sold
County: Ogle

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269

Property Details
Location: The subject farm is located approximately 70 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Byron (1 3/4 miles south), Rockford (6 1/2 miles east), and Stillman Valley (6 miles southeast).
Frontage: There is approximately 585 feet of road frontage on Oak Grove Road.
Major Highways: Illinois Route 2 is 1 5/8 miles southeast, Illinois Route 72/2 is 3 3/8 miles south, U.S. Route 20 is 6 7/8 miles north of the property.
Legal Description: A brief legal description indicates The Ferb Farm is located in Part of the East Half of Section 7, Township 25 North - Range 11 East (Byron Township), Ogle County, Illinois.
Total Acres: There are a total of 80.16 acres, according to a recent survey.
Tillable Acres: There are approximately 75.4 tillable acres, of which 7.60 acres are enrolled in the Conservation Reserve Program with an annual payment of $1,440 through 9/30/2022.
Soil Types: Primary soil types found on this farm include Radford silt loam and Dodge silt loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: Ogle 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" with over 2/3 of this coming during the growing season. Snowfall averages about 33" 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 $6,950 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 estimated 2014 real estate taxes were approximately $700. The property is currently part of tax parcel #05-07-200-003.
Grain Markets: There are a number of grain markets located within 15 miles of The Ferb Farm.
Zoning: The Ferb Farm is zoned AG-1, Agricultural.
Comments: Productive tillable acres, excellent hunting and recreational opportunities, contiguous to the Byron Forest Preserve District.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
3074A Radford silt loam 13.94 186 2693
24C2 Dodge silt loam 11.31 155 1753
22C2 Westville silt loam 5.5 141 776
3415A Orion silt loam 5.43 180 977
61A Atterberry silt loam 5.39 182 981
60C2 La Rose silt loam 5.27 148 780
419B Flagg silt loam 5.15 160 824
243B St. Charles silt loam 4.82 166 800
570C2 Martinsville silt loam 4.25 144 612
618D2 Senachwine silt loam 3.51 130 456
686B Parkway silt loam 3.23 184 594
410C2 Woodbine silt loam 2.86 123 352
919D Rodman-Fox complex 1.29 120 155
233C2 Birkbeck silt loam 1.28 155 198
3451A Lawson silt loam 1.09 190 207
622C2 Wyanet silt loam 0.64 150 96
21B Pecatonica silt loam 0.48 152 73
    Total: 75.44    

TOTAL ACRES - 80.2 acres, more or less
TILLABLE ACRES - 75.4 acres, or 94.1% per FSA figures
CORN YIELD - 163.4 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 153.8 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.