MGW Real Estate Information

The Quitno Road Farm
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Price : $435,000
County: DeKalb

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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 52 miles west of Chicago O'Hare International Airport. Nearby towns include: Creston (1 3/4 miles west), Rochelle (3 1/8 miles southwest), and DeKalb (6 1/2 miles east). The property address is 21094 Quitno Road, Rochelle, IL 61068.
Frontage: There is approximately 1/4 mile of road frontage on Quitno Road and 1/8 mile on Illinois Route 38.
Major Highways: Illinois Route 38 is the south border of the property, Interstate 88 is 2 1/2 miles south, Illinois Route 64 is 4 1/4 miles north, and Interstate 39 is 5 miles west of the property.
Legal Description: A brief legal description indicates The Quitno Road Farm is located in Part of the West Half of the Southwest Quarter of the Southwest Quarter of the Southwest Quarter of Section 17, Township 40 North - Range 3 East (Malta Township), DeKalb County, Illinois.
Total Acres: There are a total of 20 acres, more or less, according to the DeKalb County Assessor's Office.
Tillable Acres: There are approximately 17.35 tillable acres according to the DeKalb County FSA.
Soil Types: Major soil types found on this farm include Catlin silt loam and Flanagan 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 $435,000. 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 2016 real estate taxes totaled $6,621.56. The tax parcel number is #07-17-300-004.
Grain Markets: There are a number of grain markets located within 10 miles of The Quitno Road Farm.
Zoning: The Quitno Road Farm is zoned Agricultural.
Comments: Property includes a 3 bedroom ranch home, attached three car garage, and storage shed.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
171B Catlin silt loam 9.64 185 1783
154A Flanagan silt loam 4.92 194 954
3076A Otter silt loam 2.79 186 519
    Total: 17.35    

TOTAL ACRES - 20.0 acres, more or less
TILLABLE ACRES - 17.4 acres, or 86.8% per FSA figures
CORN YIELD - 187.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 162.8 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.