MGW Real Estate Information

The Pine Deer Property
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Price : $23,000 per acre
County: Winnebago

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439

Property Details
Location: The subject property is located approximately 64 miles northwest of Chicago O'Hare International Airport and within the city of Rockford. Nearby towns include: Winnebago (4 1/2 miles west), Loves Park (5 miles northeast), and Byron (9 1/8 miles southwest).
Frontage: There is approximately 7/8 mile of road frontage on Springfield Avenue.
Major Highways: U.S. Route 20 is 3/8 mile west, Illinois Route 2 is 3/4 mile east, Illinois Route 251 is 2 miles east, and Interstate 39 is 6 miles southeast of the property.
Legal Description: A brief legal description indicates The Pine Deer Property is located in Part of the West Half of Section 33, Township 44 North - Range 1 East (Rockford Township), Winnebago County, Illinois.
Total Acres: There are a total of 57.54 acres, more or less, according to the Winnebago County Assessor's Office.
Tillable Acres: There are approximately 56.03 tillable acres according to the Winnebago County FSA.
Soil Types: Major soil types found on this property include Osco silt loam and Muscatune silt loam.
Topography: The topography of the subject property is level to gently rolling.
Climate/Growing Season: Winnebago County has a continental climate typical of northern 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 two-thirds 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 productions of corn, wheat 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 $23,000 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 $4,540.98. The tax parcel number is #11-33-326-005
Grain Markets: There are a number of grain markets located within 15 miles of The Pine Deer Property.
Zoning: The Pine Deer Property is zoned C3 - General Commercial and I1 - Light Industrial.
Comments: Great investment opportunity. Highly productive tillable farmland with excellent development potential. Property is zoned C3 - General Commercial and I1 - Light Industrial. Property is located within the Rockford Enterprise Zone #1.
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
86B Osco silt loam 28.73 189 5430
51A Muscatune silt loam 15.15 200 3030
199B Plano silt loam 4.65 192 893
197A Troxel silt loam 4.14 191 791
86C2 Osco silt loam 3.29 178 586
566C2 Rockton and Dodgeville soils 0.07 126 9
    Total: 56.03    

TOTAL ACRES - 57.5 acres, more or less
TILLABLE ACRES - 56.0 acres, or 97.4% per FSA figures
CORN YIELD - 191.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 186.6 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.