The Coleman Farm

Price: $5,950 per acre
County: Boone

Contact Details
Mark T. Mommsen
Mobile: 815-901-4269
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 46 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Belvidere (3 miles west), Marengo (5 5/8 miles east), and Poplar Grove (6 miles northwest).
There is approximately 7/32 mile of road frontage on Spring Road.
major highways
U.S. Route 20 is 7/8 mile north, Interstate 90 is 1 1/4 miles south, and Illinois Route 23 is 6 3/4 miles east of the property.
legal description
A brief legal description indicates The Coleman Farm is located in Part of the Northwest Quarter of Section 2, Township 43 North – Range 4 East (Spring Township), Boone County, Illinois.
total acres
There are a total of 39 acres, more or less, according to the Boone County Assessor’s Office
tillable acres
There are approximately 17.45 tillable acres according to the Boone County FSA.
soil types
Major soil types found on this farm include Kidami silt loam and Odell silt loam.
The topography of the subject farm is level to nearly level.
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 will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $5,950 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 2019 real estate taxes totaled $527.50. The tax parcel numbers are #08-02-100-001 & #08-02-100-003.
grain markets
There are a number of grain markets located within 10 miles of The Coleman Farm.
The Coleman Farm is zoned A-1, Ag. Preservation.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
527BKidami silt loam10.161141551,575
490AOdell silt loam7.291291761,283
Total Acres : 39.00 acres, more or less
Tillable Acres : 17.45 acres, or 44.74% per FSA figures
Productivity Index : 120.27
Weighted Average Corn Yield Index : 163.77 bushels per acre, based on tillable acres
Comparable Yield Index : 73.28 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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