The ABP South Farm

Price: $11,250 per acre
County: LaSalle

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606
Email: Jeff.Waddell@mgw.us.com

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Property Details

location
The subject farm is located approximately 73 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Oglesby (2 1/4 miles northwest), North Utica (4 miles north), LaSalle (5 1/4 miles northwest), and Ottawa (7 1/2 miles northeast).
frontage
There is approximately 242 feet of road frontage on N 2401st Road and 3/4 mile on E 875th Road.
major highways
Illinois Route 178 is 3/4 mile west, Illinois Route 71 is 2 1/2 miles north, Interstate 39 is 4 1/2 miles west, Interstate 80 is 6 1/2 miles north, and Illinois Route 23 is 8 miles east of the property.
legal description
A brief legal description indicates The ABP South Farm is located in Part of the Southeast Quarter of Section 4 and Part of the Northeast Quarter of Section 9, all in Township 32 North – Range 2 East (Deer Park Township), LaSalle County, Illinois.
total acres
There are a total of 130.67 acres, more or less, according to a survey dated June 5, 2014.
tillable acres
There are approximately 124.3 tillable acres according to the LaSalle County FSA, of which 6 acres are currently enrolled in CRP. The annual contract payment is $1,553 through September 30, 2022.
soil types
Major soil types found on this farm include Elpaso silty clay loam and Flanagan-Catlin silt loams.
FSA Data
Detailed FSA information can be found in the brochure.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
LaSalle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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.
possession
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $11,250 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 2017 real estate taxes totaled $4,896.90. The tax parcel numbers are #20-04-403-000 and #20-09-210-000.
grain markets
There are a number of grain markets located within 15 miles of The ABP South Farm.
zoning
The ABP South Farm is zoned A-1, Agricultural.
comments
Highly productive LaSalle County farm. 2016 soybean yield of 77 bushels per acre and 2017 corn yield of 264 bushels per acre.
Disclaimer
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
356AElpaso silty clay loam48.851441959,526
818AFlanagan-Catlin silt loams48.471421919,258
171B2Catlin silt loam5.771311781,027
243C2St. Charles silt loam4.02113156627
148C2Proctor silt loam3.81126172655
234ASunbury silt loam3.80131179680
134BCamden silt loam3.38118164554
233C2Birkbeck silt loam3.13113155485
663BClare silt loam1.56133180281
541C2Graymont silt loam1.51125170257
Total Acres : 130.67 acres, more or less
Tillable Acres : 124.30 acres, or 95.13% per FSA figures
Productivity Index : 138.81
Weighted Average Corn Yield Index : 187.85 bushels per acre, based on tillable acres
Comparable Yield Index : 178.70 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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