The ABP North Farm

Price: $10,250 per acre
County: Lee

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 61 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Paw Paw (5 1/2 miles southeast), Shabbona (9 miles east), Rochelle (9 5/8 miles north), and Mendota (11 5/8 miles south).
There is approximately 1/4 mile of road frontage on Stainbrook Road and 1/8 mile on Fisk Road.
major highways
Illinois Route 251 is 1/2 mile west, U.S. Route 30 is 1/2 mile north, and Interstate 39/U.S. Route 51 is 2 7/8 miles east of the property.
legal description
A brief legal description indicates The ABP North Farm is located in Part of the Southwest Quarter of Section 24, Township 38 North – Range 1 East (Viola Township), Lee County, Illinois.
total acres
There are a total of 115 acres, more or less, according to the Lee County Assessor’s Office.
tillable acres
There are approximately 112.71 tillable acres according to the Lee County FSA.
soil types
Major soil types found on this farm include Blackberry silt loam and Elburn silt loam.
FSA Data
Detailed FSA information can be found in the brochure.
The topography of the subject farm is level to nearly level.
location climate growing season
Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2,750 growing degree days from April 23 through October 15. Annual precipitation averages about 35" with over two thirds of this coming during the growing season. Snowfall averages about 35" per year. Prevailing winds are from the west-northwest.
mineral rights
All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $10,250 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
The 2018 real estate taxes totaled $4,443.46. The tax parcel numbers are #20-11-24-300-001, #20-11-24-300-003.
grain markets
There are a number of grain markets located within 15 miles of The ABP North Farm.
The ABP North Farm is zoned Agricultural.
Highly productive Lee County farm. 2016 corn yield of 227 bushels per acre and 2017 corn yield of 230 bushels per acre.
The information in this brochure is considered accurate, but not guaranteed. For inquires, inspection appointments, and offers, please contact Jeff Waddell at Martin, Goodrich & Waddell, Inc. at 815-751-0501.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
679BBlackberry silt loam41.921411928,049
198AElburn silt loam24.391431974,805
145B2Saybrook silt loam18.801251703,196
369AWaupecan silt loam11.411391892,156
290B2Warsaw silt loam4.13113153632
356AElpaso silty clay loam3.64144195710
86BOsco silt loam3.44140189650
152ADrummer silty clay loam2.23144195435
51AMuscatune silt loam2.21147200442
622B2Wyanet silt loam0.5411415383
Total Acres : 115.00 acres, more or less
Tillable Acres : 112.71 acres, or 98.01% per FSA figures
Productivity Index : 137.65
Weighted Average Corn Yield Index : 187.71 bushels per acre, based on tillable acres
Comparable Yield Index : 183.98 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.

*Figures taken from the University of Illinois Bulletin 811, Optimum Crop Productivity Ratings for Illinois Soils.

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