MGW Real Estate Information

The Highway 251 Farm
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Price : $9,900 per acre Sold
County: LaSalle

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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 81 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Lostant (5/16 mile south), Tonica (3 1/2 miles north), Wenona (6 3/16 miles south), and Streator (10 7/8 miles east).
Frontage: There is approximately 3/8 mile of road frontage on Illinois Route 251.
Major Highways: Illinois Route 251 is the west border of the property, Interstate 39/U.S. Route 51 is 1/2 mile west, Illinois Route 18 is 2 1/8 miles south, and Illinois Route 23 is 11 11/16 miles east of the property.
Legal Description: A brief legal description indicates The Highway 251 Farm is located in Part of the Southwest Quarter of Section 13, Township 31 North - Range 1 East (Hope Township), LaSalle County, Illinois.
Total Acres: There are a total of 79 acres, more or less, according to the LaSalle County Assessor's Office.
Tillable Acres: There are approximately 76.97 tillable acres according to the LaSalle County FSA.
Soil Types: Major soil types found on this farm include Elpaso silty clay loam and Flanagan-Catlin silt loams.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: LaSalle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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 $9,900 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 2015 real estate taxes totaled $2,876.90. The tax parcel numbers are #30-13-309-000 and #30-13-310-000.
Grain Markets: There are a number of grain markets located within 15 miles of The Highway 251 Farm.
Zoning: The Highway 251 Farm is zoned A-1, Agriculture.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
356A Elpaso silty clay loam 36.77 195 7170
818A Flanagan-Catlin silt loams 29.5 191 5634
171B2 Catlin silt loam 2.58 178 459
146B2 Elliott silty clay loam 2.09 160 334
541C2 Graymont silt loam 1.97 170 335
171C3 Catlin silty clay loam 1.42 161 229
67A Harpster silty clay loam 1.34 182 244
199C2 Plano silt loam 0.67 180 121
814A Muscatune-Buckhart silt loams 0.38 193 73
171C2 Catlin silt loam 0.25 174 44
    Total: 76.97    

TOTAL ACRES - 79.0 acres, more or less
TILLABLE ACRES - 77.0 acres, or 97.4% per FSA figures
CORN YIELD - 190.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 185.4 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.