MGW Real Estate Information

The Dover North Farm
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Price : $10,900 per acre Sold
County: Bureau

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269
Email: Mark.Mommsen@mgw.us.com

Property Details
Location: The subject farm is located approximately 85 miles southwest of Chicago O'Hare International Airport and is contiguous to the village of Dover. Nearby towns include: Princeton (2 1/2 miles southwest) and Spring Valley (9 1/4 miles southeast).
Frontage: There is approximately 1/8 mile of road frontage on 1950 North Avenue, 3/8 mile on U.S. Route 34, and 1/2 mile on 2000 North Avenue.
Major Highways: U.S. Route 34 is the east border of the property, Interstate 80 is 2 miles south, Interstate 180 is 2 1/2 miles southeast, Illinois Route 26 is 3 3/16 miles west, and U.S. Route 6 is 4 miles south of the property.
Legal Description: A brief legal description indicates The Dover Farm is located in Part of the Southeast Quarter of Section 24, and Part of the North Half of Section 25, all in Township 17 North - Range 9 East (Dover Township), Bureau County, Illinois.
Total Acres: There are approximately 40.32 acres, according to the Bureau County Assessor.
Tillable Acres: There are approximately 39.86 tillable acres according to the Bureau County FSA.
Soil Types: Major soil types found on this farm include Buckhart silt loam and Muscatune silt loam.
Topography: The topography of the subject farm is level to nearly level.
Climate/Growing Season: Bureau 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 inches with over two-thirds of this coming during the growing season. Snowfall averages about 36 inches per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provide 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 $10,900 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 real estate taxes totaled $1,551.84. The tax parcel number is #10-24-451-002.
Grain Markets: There are a number of grain markets located within 15 miles of The Dover North Farm.
Zoning: The Dover North Farm is zoned Agriculture.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
705A Buckhart silt loam 13.77 190 2616
51A Muscatune silt loam 12.01 200 2402
68A Sable silty clay loam 9.34 192 1793
86B2 Osco silt loam 4.74 181 858
    Total: 39.86    

TOTAL ACRES - 40.3 acres, more or less
TILLABLE ACRES - 39.9 acres, or 98.9% per FSA figures
CORN YIELD - 192.4 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 190.2 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.