Property Details
location
The subject farm is located approximately 32 miles west of Chicago O'Hare International Airport. Nearby villages include: Virgil (1 3/4 miles north), Elburn (2 1/4 miles southeast), and Maple Park (2 7/8 miles west).
frontage
There is approximately 3/32 mile of road frontage on Francis Road.
major highways
Illinois Route 38 is 1 mile south, Illinois Route 64 is 2 miles north, Illinois Route 47 is 2 1/4 miles east, and Interstate 88 is 4 miles south of the property.
legal description
A brief legal description indicates The Bond Farm is located in Part of Section 26, Township 40 North – Range 6 East (Virgil Township), Kane County, Illinois.
total acres
There are a total of 88.252 acres according to a survey.
tillable acres
There are approximately 88.23 tillable acres according to the Kane County FSA.
soil types
Major soil types found on this farm include Drummer silty clay loam and Barony silt loam.
topography
The topography of the subject farm is level to gently rolling.
location 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.
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 $7,950 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 $3,718.56. The tax parcel numbers are #07-26-100-003, #07-26-300-004 & #07-26-400-006.
grain markets
There are a number of grain markets located within 15 miles of The Bond Farm.
zoning
The Bond Farm is zoned F - Farming.
comments
The Bond Farm has been transitioned to organic production and will be a certified organic farm starting with the 2019 crop year.