MGW Real Estate Information

The Somonauk Road Farm
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Price : $8,500 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 40 miles west of Chicago O'Hare International Airport. Nearby towns include: Cortland (2 3/4 miles north), DeKalb (3 miles northwest), and Hinckley (5 3/4 miles southeast).
Frontage: There is approximately 5/16 mile of road frontage on Somonauk Road.
Major Highways: Interstate 88 is 2 3/4 miles north, Illinois Route 38 is 3 1/2 miles north, and Illinois Route 23 is 2 7/8 miles west of the property.
Legal Description: A brief legal description indicates The Somonauk Road Farm is located in Part of the Northwest Quarter of Section 17, Township 39 North - Range 5 East (Pierce Township), DeKalb County, Illinois.
Total Acres: There are a total of 100 acres, more or less, according to the DeKalb County Assessor's Office.
Tillable Acres: There are approximately 96.17 tillable acres, according to the DeKalb County FSA.
Soil Types: Major soil types found on this farm include Parr silt loam and Elpaso silty clay loam.
Topography: The topography of the subject farm is level to gently rolling.
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 $8,500 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 real estate taxes totaled $1,835.50. The parcel number is #12-17-100-005.
Grain Markets: There are a number of grain markets located within 15 miles of The Somonauk Road Farm.
Zoning: The Somonauk Road Farm is zoned A-1, Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
221C2 Parr silt loam 47.22 148 6989
221B2 Parr silt loam 28.46 151 4297
356A Elpaso silty clay loam 13.53 195 2638
330A Peotone silty clay loam 4.58 164 751
512B Danabrook silt loam 2.38 185 440
    Total: 96.17    

TOTAL ACRES - 100.0 acres, more or less
TILLABLE ACRES - 96.2 acres, or 96.2% per FSA figures
CORN YIELD - 157.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 151.2 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.