MGW Real Estate Information

The Granville Farm
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Price : $9,500 per acre
County: Putnam

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

Property Details
Location: The subject farm is located approximately 82 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Granville (5/8 mile southwest), Spring Valley (2 1/4 miles north), and Peru (3 3/8 miles northeast).
Frontage: There is approximately 3/16 mile of road frontage on Illinois Route 89.
Major Highways: Illinois Route 89 is the east border of the property, Illinois Route 71 is 1 1/4 miles south, U.S. Route 6 is 3 1/4 miles north, Illinois Route 29 is 3 7/8 miles north, and Interstate 39 is 6 1/4 miles east of the property.
Legal Description: A brief legal description indicates The Granville Farm is located in Part of the Northeast Quarter of Section 3, Township 32 North - Range 1 West (Granville Township), Putnam County, Illinois.
Total Acres: There are a total of 84.157 acres, more or less, according to the Putnam County Assessor's Office.
Tillable Acres: There are approximately 82.43 tillable acres according to the Putnam County FSA, of which 5.10 acres are currently enrolled in CRP through 9/30/2024. The annual CRP contract payment is $1,525.
Soil Types: Major soil types found on this farm include Flanagan silt loam and Catlin silt loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: Putnam County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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 $9,500 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 2016 real estate taxes totaled $1,445.58. The tax parcel number is #02-01-211-001 .
Grain Markets: There are a number of grain markets located within 10 miles of The Granville Farm.
Zoning: The Granville Farm is zoned AG-1, Agricultural.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
154A Flanagan silt loam 24.64 194 4780
171B Catlin silt loam 18.62 185 3445
223C2 Varna silty clay loam 16.54 147 2431
356A Elpaso silty clay loam 16.02 195 3124
223B2 Varna silty clay loam 4.21 150 632
68A Sable silty clay loam 1.1 192 211
8107A Sawmill silty clay loam 0.74 189 140
145C2 Saybrook silt loam 0.56 166 93
    Total: 82.43    

TOTAL ACRES - 84.2 acres, more or less
TILLABLE ACRES - 82.4 acres, or 98.0% per FSA figures
CORN YIELD - 180.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 176.5 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.