The Eagle Lake Farm

Price: $9,350 per acre
County: Will

Contact Details
Josh Waddell & Mark T. Mommsen
Mobile: 815-751-0439/815-901-4269
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 45 miles southeast of Chicago O'Hare International Airport. Nearby cities include: Beecher (2 1/4 miles southwest), Cedar Lake ( 3 1/2 miles east), and Crete (4 1/2 miles northwest).
There is approximately 3/8 mile of road frontage on S Yates Avenue.
major highways
Illinois Route 1 is 3 1/2 miles west, U.S. Route 41 is 3 5/8 miles east, and U.S. Route 30 is 8 5/8 miles north of the property.
legal description
A brief legal description indicates The Eagle Lake Farm is located in Part of the North Half of Section 7, Township 33 North - Range 15 East (Washington Township), Will County, Illinois.
total acres
There are a total of 218.631 acres according to a survey.
tillable acres
There are approximately 205.91 tillable acres according to the Will County FSA.
soil types
Major soil types on this farm include Houghton muck and Ashkum silty clay loam.
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 will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $9,350 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 2021 real estate taxes totaled $8,116.32 The tax parcel numbers are: #22-23-07-100-023-0000 & #22-23-07-200-001-0000.
grain markets
There are a number of grain markets located within 15 miles of The Eagle Lake Farm.
The property is zoned A-1, Agricultural.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
103AHoughton muck101.1213017517,696
232AAshkum silty clay loam99.6312717016,937
740ADarroch silt loam4.52129177800
531C2Markham silt loam0.6410814794
Total Acres : 218.63 acres, more or less
Tillable Acres : 205.91 acres, or 94.18% per FSA figures
Productivity Index : 128.46
Weighted Average Corn Yield Index : 172.54 bushels per acre, based on tillable acres
Comparable Yield Index : 162.50 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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