MGW Real Estate Information

The Sapphire Pointe Farm
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Price : $7,850 per acre
County: Will

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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 35 miles south of Chicago O'Hare International Airport. Nearby villages include: Frankfort (3/4 mile northwest), Manhattan (3 5/8 miles west), Monee (5 miles southeast), and University Park (5 miles east).
Frontage: There is approximately 1/4 mile of road frontage S 104th Avenue.
Major Highways: U.S. Route 45 is 1/2 mile west, U.S. Route 30 is 2 7/8 miles north, and Interstate 57 is 5 1/2 miles east of the property.
Legal Description: A brief legal description indicates The Sapphire Pointe Farm is located in Part of the Southeast Quarter of Section 5, Township 34 North - Range 12 East (Green Garden Township), Will County, Illinois
Total Acres: There are a total of 71.64 acres, more or less, according to the Will County Assessor's Office.
Tillable Acres: There are approximately 68.29 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Beecher silt loam and Ashkum silty clay loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: Will 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 inches with over two thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. 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 $7,850 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 2016 real estate taxes totaled $855.36. The tax parcel number is #18-13-05-400-012-0000.
Grain Markets: There are a number of grain markets located within 15 miles of The Sapphire Pointe Farm.
Zoning: The Sapphire Pointe Farm is zoned Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
298B2 Beecher silt loam 35.9 144 5170
232A Ashkum silty clay loam 21.49 170 3653
531C2 Markham silt loam 6.29 147 925
146B Elliott silt loam 4.61 166 765
    Total: 68.29    

TOTAL ACRES - 71.6 acres, more or less
TILLABLE ACRES - 68.3 acres, or 95.3% per FSA figures
CORN YIELD - 153.9 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 146.7 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.