The Goguen Farm

Price: $8,350 per acre
County: Ogle

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 57 miles west of Chicago O'Hare International Airport and adjacent to Rochelle. Nearby cities include: DeKalb (11 1/2 miles east), Rockford (15 1/2 miles north), and Oregon (15 5/8 miles northwest).
There is approximately 1/16 mile of road frontage on Twombly Road and 1/4 mile on Interstate 39/U.S. Route 51.
major highways
Interstate 39/U.S. Route 51 is the western border of the property, Illinois Route 38 is 3/4 mile south, Illinois Route 251 is 2 1/8 miles west, and Illinois Route 64 is 4 miles north of the property.
legal description
A brief legal description indicates The Goguen Farm is located in Part of the Northeast Quarter of Section 17, Township 40 North – Range 2 East (Dement Township), Ogle County, Illinois.
total acres
There are a total of 13.201 acres according to a survey.
tillable acres
There are approximately 13.13 tillable acres according to the Ogle County FSA.
soil types
Major soil types found on this farm include Ashdale silt loam and Plano silt loam.
The topography of the subject property is level to nearly level.
location climate growing season
Ogle 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" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. 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 will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $8,350 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 2016 real estate taxes totaled $397.82. The tax parcel number is #25-17-200-008.
grain markets
There are a number of grain markets located within 10 miles of The Goguen Farm
The Goguen Farm is zoned AG-1, Agricultural.
There is a 25’ wide permanent easement along the north and west border of The Goguen Farm that allows for access to and from the farmland south of the subject property.  The easement is depicted in the survey at the end of the property brochure.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
411BAshdale silt loam5.88124168988
199BPlano silt loam4.80141192922
488AHooppole loam2.52121163411
Total Acres : 13.20 acres, more or less
Tillable Acres : 13.20 acres, or 99.99% per FSA figures
Productivity Index : 129.61
Weighted Average Corn Yield Index : 175.77 bushels per acre, based on tillable acres
Comparable Yield Index : 175.76 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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