The Donna Farm

Price: $14,000 per acre & $375,000
County: Lee

Contact Details
Bob Olson
Mobile: 815-973-2700
Phone: 815-756-3606
Email: info@mgw.us.com

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Property Details

location
The subject farm is located approximately 80 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Amboy (1 1/2 mile northeast), Dixon (6 1/2 miles north) and Rock Falls (12 1/8 miles northwest).
frontage
There is approximately 1/4 mile of road frontage on Walton Road.
major highways
Illinois Route 26 is 1 mile west, U.S. Route 30 is 3 miles north, and Interstate 88 is 7 miles northwest of the property.
legal description
A brief legal description indicates The Donna Farm is located in Part of the Northwest Quarter of Section 23 and Part of the Southwest Quarter of Section 14, Township 20 North – Range 9 East (Marion Township), Lee County, Illinois.
total acres
There are a total of 42.99 acres, more or less, according to the Lee County Assessor.
tillable acres
There are approximately 31.98 tillable acres, according to the Lee County FSA.
soil types
Major soil types found on this farm include Ambraw loam, Clyde clay loam, and Nachusa silt loam.
topography
The topography of the subject farm is level to nearly level.
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 land and building site are being offered separately. The asking price for the 41.17+/- acres of bare land is $14,000 per acre. The asking price for the 1.82+/- acre building site at 904 Walton Road, Dixon, IL 61021 is $375,000. 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 2022 real estate taxes for PIN# 12-14-14-351-017 (1.53 acres including 3 sheds) totaled $1,743.88.
The 2022 real estate taxes for PINs 12-14-23-100-001 & 12-14-23-100-002 (41.46 acres of bare land) totaled $1,356.52.
grain markets
There are a number of grain markets located within 15 miles of The Donna Farm.
zoning
The property is zoned Ag-1, Rural/Agricultural District.
comments
The sale of the property is subject to the seller obtaining a variance from Lee County, so that the building site meets county setback requirements.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
8302AAmbraw loam14.901171572,339
648AClyde clay loam5.861391851,084
649ANachusa silt loam5.07137183928
357BVanpetten loam3.65106145529
379B2Dakota sandy loam2.50100134335
Total Acres : 42.99 acres, more or less
Tillable Acres : 31.98 acres, or 74.39% per FSA figures
Productivity Index : 121.62
Weighted Average Corn Yield Index : 163.09 bushels per acre, based on tillable acres
Comparable Yield Index : 121.32 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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