The Bates Road Farm

Price: $9,850 per acre
County: Boone

Contact Details
Mark T. Mommsen
Mobile: 815-901-4269
Phone: 815-756-3606
Email: Mark.Mommsen@mgw.us.com

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Property Details

location
The subject farm is located approximately 62 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Belvidere (2 1/4 miles north), Cherry Valley (5 1/4 miles northwest), Kirkland (7 1/4 miles south), and Marengo (12 miles northeast).
frontage
There is approximately 7/16 mile of road frontage on Bates Road.
major highways
Interstate 90 is 2 1/4 miles north, Interstate 39 is 6 1/4 miles northwest, Illinois Route 72 is 7 miles south, and Illinois Route 23 is 10 3/4 miles southeast of the property.
legal description
A brief legal description indicates the Bates Road Farm is located in Part of the South Half of Section 14, Township 43 North - Range 3 East (Flora Township), in Boone County, Illinois.
total acres
There are approximately 78.7 acres, more or less.
tillable acres
There are approximately 77.5 tillable acres.
soil types
Major soil types found on this farm include Odell silt loam, Kidami silt loam, and Selma loam.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
Boone County has a continental climate typical of north-central 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 2/3 of this coming during the growing season. Snowfall averages about 36" per year. Prevailing winds are from the west and southwest. The climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production 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 terms
The asking price is $9,850 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 2013 real estate taxes totaled $1,216.48. The tax parcel numbers are #07-14-300-004 and #07-14-400-004.
grain markets
There are a number of grain markets located within 10 miles of the Bates Road Farm.
zoning
The farm is zoned A-1, Agricultural.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
490AOdell silt loam42.201291767,427
527BKidami silt loam16.501141552,558
125ASelma loam6.401291761,126
221BParr silt loam4.90118157769
527C2Kidami loam4.50109149671
152ADrummer silty clay loam2.30144195449
221C2Parr silt loam0.6011114889
Total Acres : 78.70 acres, more or less
Tillable Acres : 77.40 acres, or 98.35% per FSA figures
Productivity Index : 124.25
Weighted Average Corn Yield Index : 169.10 bushels per acre, based on tillable acres
Comparable Yield Index : 166.30 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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