MGW Real Estate Information

The Route 92 Property
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Price : $5,250 per acre
County: Rock Island

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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 165 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Muscatine (3/8 mile north), Davenport (19 miles east), and Rock Island (20 miles east).
Frontage: There is approximately 3/8 mile of road frontage on Illinois Route 92, 7/16 mile on 120th Avenue and 11/16 mile on 102nd Avenue.
Major Highways: Illinois Route 92 intersects the property, Iowa State Route 38 is 3/4 mile north, and U.S. Route 61 is 2 1/2 miles north of the property.
Legal Description: A brief legal description indicates The Route 92 Property is located in Part of the West Half of Section 1, Township 16 North - Range 6 West (Drury Township), Rock Island County, Illinois.
Total Acres: There are a total of 94.439 acres, more or less, according to the Rock Island County Treasurer's Office.
Tillable Acres: There are approximately 34.53 tillable acres according to the Mercer County FSA.
Soil Types: The primary soil type on this property is Sawmill silty clay loam.
Topography: The topography of the subject property is level.
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 $5,250 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 $464.52. The tax parcel number is #1901100001. The property lies within the Drury Drainage and Levee District and is subject to an annual maintenance tax, in addition to the real estate tax.
Grain Markets: There are a number of grain markets located within 15 miles of The Route 92 Property.
Zoning: The Route 92 property is zoned "AG1?" - Agricultural.
Comments: Well located recreational property with productive tillable acres. Extensive drainage tile improvements. Seller will consider offers on less than the entire property.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
7107A Sawmill silty clay loam 19.64 189 3712
7304A Landes fine sandy loam 7.82 135 1056
7428A Coffeen silt loam 7.07 181 1280
    Total: 34.53    

TOTAL ACRES - 94.4 acres, more or less
TILLABLE ACRES - 34.5 acres, or 36.6% per FSA figures
CORN YIELD - 175.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 64.0 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.