MGW Real Estate Information

The Kartheiser Estate
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Price : $1,354,000
County: Kane

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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 30 miles northwest of Chicago O'Hare International Airport and is contiguous to the village of Hampshire. Nearby towns include: Pingree Grove (1 3/4 miles southeast), Huntley (2 miles northeast), and Burlington (2 5/8 miles southwest). The homesites are located at 45W063 Allen Road & 45W131 Allen Road, Hampshire, IL 60140.
Frontage: There is approximately 1/4 mile of road frontage on Allen Road.
Major Highways: U.S. Route 20 is 1/2 mile east, Illinois Route 72 is 3/4 mile south, Illinois Route 47 is 1 7/8 miles east, and Interstate 90 is 2 1/4 miles north of the property.
Legal Description: A brief legal description indicates The Kartheiser Estate is located in Part of the East Half of Section 23, Township 42 North - Range 6 East (Hampshire Township), Kane County, Illinois.
Total Acres: There are a total of 78.87 acres, more or less, according to the Kane County Assessor's Office.
Tillable Acres: There are approximately 66.45 tillable acres according to the Kane County FSA.
Soil Types: Major soil types found on this farm include Harvard silt loam and Mayville silt loam.
Topography: The topography of the subject farm is level to gently rolling.
Climate/Growing Season: Kane County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34 inches with over two-thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. 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.
Price and Terms: The asking price is $1,354,000. 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 for parcel numbers #01-23-276-001, #01-23-400-002, and #01-236-200-041 (10.5 acre homesite & bare land) totaled $8,628.60. The 2016 real estate taxes for parcel number #01-23-276-002 (1.44 acre homesite) totaled $4,580.30.
Grain Markets: There are a number of grain markets located within 15 miles of The Kartheiser Estate.
Zoning: The Kartheiser Estate is zoned F - Farming District.
Comments: Well-located, scenic property with two homesites in close proximity to Interstate 90 and major highways.The 10.5 acre homesite features an all-brick home and mature trees, heated and air conditioned shop with concrete floor and attached machine shed, detached garage and storage shed, and a stocked pond. The 1.44 acre homesite with a well-maintained 4 bedroom, 2 story home has an updated kitchen with granite countertops, brick fireplace, hardwood floors, first floor master bedroom, home office, sun porch, and mature trees. Seller will consider offers on the farmland and building sites separately.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
344C2 Harvard silt loam 16.19 159 2574
193C2 Mayville silt loam 14.53 139 2020
149A Brenton silt loam 13.55 195 2642
527C2 Kidami loam 10.6 149 1579
193B Mayville silt loam 4.68 148 693
663A Clare silt loam 3.41 182 621
62A Herbert silt loam 1.38 179 247
570B Martinsville silt loam 1.02 153 156
152A Drummer silty clay loam 0.85 195 166
356A Elpaso silty clay loam 0.24 195 47
    Total: 66.45    

TOTAL ACRES - 78.9 acres, more or less
TILLABLE ACRES - 66.5 acres, or 84.3% per FSA figures
CORN YIELD - 161.7 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 136.2 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.