The Bergman Farm

Price: Auction
County: DeKalb

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

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ONLINE AUCTION - The auction platform is open for bidding. The auction closes September 21, 2021, beginning at 1 p.m. Central Time.
Auction Date
Sep 21, 2021 - 1:00 PM
Inspection Location
Please call to schedule an inspection.
Directions to Auction
ONLINE AUCTION: The auction platform is open for bidding. Please visit mgw.us.com/bergman to bid. The auction closes September 21, 2021, beginning at 1 p.m. Central Time.
Directions to Farm
From the intersection of U.S. Route 30 and IL-23 in Waterman, travel south on IL-23 for 2.6 miles. Then, go west on Shabbona Grove Road 4.1 miles to arrive at the farm.

Auction Terms & Conditions

agency
Martin, Goodrich & Waddell, Inc. and its representatives are agents of the owner.
earnest money escrow
The successful bidder as determined by the auctioneer is required to make a 10% down payment of the accepted bid price on the day of auction with the balance due at closing. Bidding is not conditional upon financing.
closing
Closing shall be on or before October 21, 2021. The purchase agreement is between the seller and buyer only and cannot be assigned to a third party without the written consent of the seller. Possession is subject to the rights of any tenants in possession.
real estate taxes
The 2021 real estate taxes due and payable in 2022 shall be paid by the seller. The 2022 real estate taxes and all subsequent year taxes shall be paid by the buyer.
crops and expensess
The seller will retain the 2021 crop year cash rent.
conveyance
At closing, seller shall convey and transfer the property to buyer by warranty deed, appropriate assignment, land trust, or other similar acceptable instrument of conveyance. At the same time, the balance of the purchase price then due shall be paid and all documents relative to the transaction shall be signed and delivered.
title evidence
At closing, seller shall furnish a commitment and Owner’s Title Guaranty Policy for the amount of the purchase price at the seller’s expense.
survey
Seller shall secure a boundary survey by a licensed land surveyor at the seller’s expense, dated no more than 6 (six) months prior to closing.  Final purchase price will be based upon gross surveyed acres
disclaimer
Announcements made the day of the auction supersede any previously made statements or material provided, whether printed or oral. Information contained in this brochure is subject to the terms and conditions of the purchase agreement between the seller and buyer. All maps, data, acreages, and images in this brochure are approximate, and no liability for its accuracy is assumed by the seller or seller’s agent. The buyer shall be responsible for conducting their own independent inspection and due diligence concerning the property. The property is being sold “as is” and “where is” with no warranty or representation, either expressed or implied, concerning the property is made by the seller or seller’s agent. The auctioneer reserves the right to make final decisions on auction conduct and bidding increments.
disclosure
Some photos in this brochure may be stock photography and are for illustrative purposes only.
Description of Property
Part of the South Half of Section 25, Township 38 North – Range 3 East (Shabbona Township), DeKalb County, Illinois.
Method
The property will be offered in one tract in an online auction. Bidding will be on a per acre basis, multiplied by gross surveyed acres. The seller reserves the right to accept or reject any or all bids. All successful bidders will enter into a purchase agreement with the seller immediately following the auction. Upon the close of the auction, the purchase agreement will be forwarded to the successful bidders via email or fax. A signed copy of the purchase agreement must be received by Martin, Goodrich & Waddell, Inc. within 24 hours of the auction closing. A 10% earnest money payment is required to accompany the purchase agreement and may be submitted by cashier’s check or wire transfer. Bidding ends at 1:00 p.m. Central Time on Tuesday, September 21, 2021. A bid placed within 5 minutes of the scheduled close of the auction will extend bidding by 5 additional minutes until all bidding is completed. If you plan to bid, please register 24 hours prior to the auction closing. Bidding is not conditional upon financing.
Mineral Rights
The buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.

Property Details

location
The subject farm is located approximately 50 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Shabbona (2 miles northwest), Waterman (3 miles northeast) and Sandwich (10 miles southeast).
frontage
There is approximately 11/16 mile of road frontage on Shabbona Grove Road and 1/4 mile on Johnson Road.
major highways
U.S. Route 30 is 2 miles north, Illinois Route 23 is 4 1/8 miles east, and Interstate 39/U.S. Route 51 is 8 1/2 miles west of the property
legal description
A brief legal description indicates The Bergman Farm is located in Part of the South Half of Section 25, Township 38 North – Range 3 East (Shabbona Township), DeKalb County, Illinois.
total acres
There are a total of 155.31 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 134.57 tillable acres according to the DeKalb County FSA.
soil types
Major soil types found on this farm include Danabrook silt loam, Flanagan silt loam, and Octagon silt loam.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
DeKalb 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. 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
The buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.
possession
Closing shall be on or before October 21, 2021. The purchase agreement is between the seller and buyer only and cannot be assigned to a third party without the written consent of the seller. Possession is subject to the rights of any tenants in possession.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2020 real estate taxes totaled $5,417.32 and the tax parcel number is #13-25-400-008.
grain markets
There are a number of grain markets located within 10 miles of The Bergman Farm.
zoning
The Bergman Farm is zoned A1 - Agricultural.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
512BDanabrook silt loam41.501371857,678
154AFlanagan silt loam34.931441946,776
656BOctagon silt loam22.041171573,460
221B2Parr silt loam12.011131511,814
656C2Octagon silt loam6.47112151977
62AHerbert silt loam3.96131179709
221C2Parr silt loam3.93111148582
348BWingate silt loam3.57120163582
193BMayville silt loam3.10109148459
348C2Wingate silt loam2.26113153346
152ADrummer silty clay loam0.66144195129
356AElpaso silty clay loam0.1414419527
Total Acres : 155.31 acres, more or less
Tillable Acres : 134.57 acres, or 86.65% per FSA figures
Productivity Index : 129.80
Weighted Average Corn Yield Index : 174.91 bushels per acre, based on tillable acres
Comparable Yield Index : 151.55 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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