MGW Real Estate Information

The Wilton Prairie Farm
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Price : $7,350 per acre Sale Pending
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 43 miles south of Chicago O'Hare International Airport. Nearby towns include: Manhattan (3 1/2 miles northwest), Peotone (4 3/4 miles east), Manteno (5 3/8 miles southeast), and Monee (7 5/8 miles northeast).
Frontage: There is approximately 1/2 mile of road frontage on W Barr Road.
Major Highways: U.S. Route 52 is 1/2 mile north, U.S. Route 45 is 1 1/2 miles east, and Interstate 57 is 4 3/4 miles east of the property.
Legal Description: A brief legal description indicates The Wilton Prairie Farm is located in Part of the Southwest Quarter of Section 13 and Part of the Northwest Quarter of Section 24, all located in Township 33 North - Range 11 East (Wilton Township), Will County, Illinois.
Total Acres: There are a total of 280 acres, more or less, according to the Will County Assessor's Office.
Tillable Acres: There are approximately 264.67 tillable acres according to the Will County FSA. Approximately 7.5 additional acres, estimated, have been used for pasture and hay and could be converted to crop production.
Soil Types: Major soil types found on this farm include Ashkum silty clay loam and Elliott 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 $7,350 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 $8,154.36. The tax parcel numbers are: #13-19-13-300-002-0000, #13-19-13-300-003-0000, and #13-19-24-100-001-0000.
Grain Markets: There are a number of grain markets located within 15 miles of The Wilton Prairie Farm.
Zoning: The Wilton Prairie Farm is zoned Agricultural.
Comments: Property includes a house and a number of outbuildings.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
232A Ashkum silty clay loam 109.13 170 18552
146B2 Elliott silty clay loam 76.93 160 12309
146B Elliott silt loam 46.79 166 7767
223B Varna silt loam 21.46 156 3348
223C2 Varna silt loam 10.36 150 1554
    Total: 264.67    

TOTAL ACRES - 280.0 acres, more or less
TILLABLE ACRES - 264.7 acres, or 94.5% per FSA figures
CORN YIELD - 164.5 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 155.5 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.