MGW Real Estate Information

The Carr Farm
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Price : $11,500 per acre Sold
County: DeKalb

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439

Property Details
Location: The subject farm is located approximately 39 miles west of Chicago O'Hare International Airport and within the town of Cortland. Nearby towns include: DeKalb (7/8 mile west), Sycamore (2 7/8 miles north), and Maple Park (2 7/8 miles east).
Frontage: There is approximately 1/4 mile of road frontage on E North Avenue.
Major Highways: Illinois Route 38 is 1/2 mile south, Interstate 88 is 1 1/4 miles south, Illinois Route 23 is 3 miles northwest, and Illinois Route 64 is 4 3/8 miles northeast of the property.
Legal Description: A brief legal description indicates The Carr Farm is located in Part of the Northwest Quarter of Section 28 and Part of the Northeast Quarter of Section 29, all in Township 40 North - Range 5 East (Cortland Township), DeKalb County, Illinois.
Total Acres: There are a total of 24.79 acres according to a recent survey.
Tillable Acres: There are approximately 24 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Elpaso silty clay loam and Danabrook silt 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 $11,500 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 estimated real estate taxes are approximately $1,150. The actual taxes are to be determined due to a recent parcel split (prior tax parcel numbers were #09-28-100-019 & 09-29-226-013). The current tax parcel numbers are #09-29-226-016 & #09-28-100-023.
Grain Markets: There are a number of grain markets located within 15 miles of The Carr Farm.
Zoning: The Carr Farm is zoned I-1, Light Industrial.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
356A Elpaso silty clay loam 11.59 195 2260
512B Danabrook silt loam 8.83 185 1634
171A Catlin silt loam 3.58 187 669
    Total: 24    

TOTAL ACRES - 24.8 acres, more or less
TILLABLE ACRES - 24.0 acres, or 96.8% per FSA figures
CORN YIELD - 190.1 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 184.1 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.