MGW Real Estate Information

The New Boston Property
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Price : $2,350 per acre
County: Mercer

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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 105 miles west of Chicago O'Hare International Airport. Nearby cities include: New Boston (2 1/4 miles southeast), Muscatine (11 2/3 miles north), and Aledo (15 1/3 miles east).
Frontage: There is approximately 1/8 mile of road frontage on Lock and Dam Road.
Major Highways: Illinois Route 17 is 3 miles east, U.S. Route 61 is 7 1/8 miles west, and Illinois Route 92 is 14 1/2 miles north of the property.
Legal Description: A brief legal description indicates The New Boston Property is located in Part of Section 22, Township 14 North - Range 6 West (New Boston Township), Mercer County, Illinois.
Total Acres: There are a total of 28.20 acres, more or less, according to the Mercer County Assessor's Office.
Tillable Acres: There are approximately 3.39 tillable acres according to AgriData.
Soil Types: The primary soil type found on this farm is Beaucoup silty clay loam.
Topography: The topography of the subject property is level to nearly level.
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 $2,350 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 $0. The tax parcel number is #07-07-22-200-005. The property lies within Bay Island 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 20 miles of The New Boston Property.
Zoning: The New Boston Property is zoned AG-1, Agricultural.
Comments: Property is contiguous to the Mississippi River and Lock and Dam 17, and offers excellent recreational opportunities.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
7070A Beaucoup silty clay loam 3.39 176 597
    Total: 3.39    

TOTAL ACRES - 28.2 acres, more or less
TILLABLE ACRES - 3.4 acres, or 12.0% per FSA figures
CORN YIELD - 176.1 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 21.2 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.