MGW Real Estate Information

The Scott Road Property
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Price : $420,000 Sold
County: Kane

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Contact Details -
Mark T. Mommsen  (Agent)
Phone: 815-756-3606
Mobile:  815-901-4269

Property Details
Location: The subject farm is located approximately 36 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Big Rock (1/2 mile southeast), Hinckley (2 3/8 miles west), and Sugar Grove (4 1/4 miles east). The property address is 5S823 Scott Road, Big Rock, Illinois 60511.
Frontage: There is approximately 1/16 mile of road frontage on Scott Road.
Major Highways: U.S. Route 30 is 3/4 mile south, Interstate 88 is 5 3/4 miles north, and Illinois Route 47 is 6 1/4 miles east of the property.
Legal Description: A brief legal description indicates The Scott Road Property is located in Part of the Southwest Quarter of the Southwest Quarter of Section 8, Township 38 North - Range 6 East (Big Rock Township), Kane County, Illinois.
Total Acres: There are a total of 40.36 acres according to a survey. The property, excluding the building site and right of way, is subject to a conservation easement prohibiting future development. Documents are available upon request.
Tillable Acres: There are approximately 23.7 tillable acres according to the Kane County FSA.
Soil Types: Major soil types found on this farm include Drummer silty clay loam and Mayville silt loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: Kane 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, 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 $420,000. 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 $4,860.48. The tax parcel number is #13-08-300-002.
Grain Markets: There are a number of grain markets located within 15 miles of The Scott Road Property.
Zoning: The Scott Road Property is zoned F - Farming District.
Comments: Property includes a pond, home, and a number of outbuildings.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 9.14 195 1782
193B Mayville silt loam 7.84 148 1160
668B Somonauk silt loam 2.87 161 462
193C2 Mayville silt loam 2.42 139 336
330A Peotone silty clay loam 1.43 164 235
    Total: 23.7    

TOTAL ACRES - 40.4 acres, more or less
TILLABLE ACRES - 23.7 acres, or 58.7% per FSA figures
CORN YIELD - 167.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 98.5 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.