The Cottage Hill Road Farm

Price: $13,900 per acre
County: Lee

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 60 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Paw Paw (2 3/4 miles north), Earlville (3 7/8 miles southeast), and Mendota (5 miles southwest).
frontage
There is approximately 7/16 mile of road frontage on Cottage Hill Road.
major highways
Interstate 39/U.S. Route 51 is 3 3/8 miles west, U.S. Route 34 is 4 miles south, U.S. Route 30 is 8 1/4 miles north, and Illinois Route 23 is 9 3/8 miles southeast of the property.
legal description
A brief legal description indicates The Cottage Hill Road Farm is located in Part of the Northwest Quarter of Section 34, Township 37 North – Range 2 East (Wyoming Township), Lee County, Illinois.
total acres
There are a total of 113.43 acres, more or less, according to the Lee County Assessor’s Office.
tillable acres
There are approximately 107.86 tillable acres according to the Lee County FSA.
soil types
Major soil types found on this farm include Catlin silt loam and Elpaso silty clay loam.
topography
The topography of the subject farm is level to gently rolling.
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 $13,900 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 2020 real estate taxes totaled $5,327.92. The tax parcel numbers are #18-34-100-001 & #18-34-100-004.
grain markets
There are a number of grain markets located within 10 miles of The Cottage Hill Road Farm.
zoning
The property is zoned Agricultural.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
171iBCatlin silt loam34.641371856,408
356AElpaso silty clay loam26.081441955,086
145B2Saybrook silt loam15.311251702,603
622C2Wyanet silt loam9.121121501,368
154AFlanagan silt loam9.081441941,762
622B2Wyanet silt loam5.26114153805
679ABlackberry silt loam3.75142194728
152ADrummer silty clay loam3.14144195612
145C2Saybrook silt loam1.48123166246
Total Acres : 113.43 acres, more or less
Tillable Acres : 107.86 acres, or 95.09% per FSA figures
Productivity Index : 134.53
Weighted Average Corn Yield Index : 181.87 bushels per acre, based on tillable acres
Comparable Yield Index : 172.94 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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