MGW Real Estate Information

The McCaleb Farm
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Price : $9,800 per acre Sold
County: DeKalb

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

Property Details
Location: The subject farm is located approximately 35 miles west of Chicago O'Hare International Airport and within the village of Maple Park. Nearby towns include: Cortland (1/2 mile west), DeKalb (4 miles west), Sycamore (4 miles northwest), and Elburn (6 1/2 miles southeast).
Frontage: There is approximately 1/2 mile of road frontage on Pritchard Road, 7/16 mile on County Line Road, and 1/4 mile on Maple Park Road.
Major Highways: Illinois Route 38 is 7/16 miles south, Interstate 88 is 1 1/2 miles southwest, Illinois Route 64 is 3 miles northeast, Illinois Route 23 is 5 1/2 miles northwest, and Illinois Route 47 is 6 3/8 miles east of the property.
Legal Description: A brief legal description indicates The McCaleb Farm is located in Part of the Southwest Quarter of Section 24 and Part of Section 25, Township 40 North - Range 5 East (Cortland Township), DeKalb County, Illinois.
Total Acres: There are a total of 378.76 acres, more or less.
Tillable Acres: There are approximately 365.68 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Virgil silt loam and Drummer silty clay loam.
Topography: The topography of the subject farm is level to nearly level.
Climate/Growing Season: DeKalb 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. 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 $9,800 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 tax parcel numbers are: #09-24-300-010, #09-25-100-002, #09-25-100-003, part of #09-25-100-006, part of #09-25-200-001, and #09-25-300-013.
Grain Markets: There are a number of grain markets located within 15 miles of The McCaleb Farm.
Zoning: The McCaleb Farm is zoned A-1, Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
104A Virgil silt loam 69.71 182 12687
152A Drummer silty clay loam 63.5 195 12382
662A Barony silt loam 49.3 172 8480
103A Houghton muck 41.16 175 7203
3076A Otter silt loam 40.81 186 7591
667A Kaneville silt loam 25.62 178 4560
67A Harpster silty clay loam 17.41 182 3169
662B Barony silt loam 16.48 170 2802
171A Catlin silt loam 13.93 187 2605
656B Octagon silt loam 7.91 157 1242
656C2 Octagon silt loam 7.58 151 1145
171B Catlin silt loam 4.58 185 847
348B Wingate silt loam 3.17 163 517
667B Kaneville silt loam 3.04 176 535
325B Dresden silt loam 1.39 156 217
206A Thorp silt loam 0.09 170 15
    Total: 365.68    

TOTAL ACRES - 378.8 acres, more or less
TILLABLE ACRES - 365.7 acres, or 96.5% per FSA figures
CORN YIELD - 180.5 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 174.2 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.