Property Details
location
The subject farm is located approximately 41 miles northwest of Chicago O'Hare International Airport and is partially within the city of Marengo. Nearby cities include: Belvidere (8 miles west), Woodstock (9 5/8 miles east), and Genoa (9 7/8 miles south).
frontage
There is approximately 5/16 mile of road frontage on U.S. Route 20.
major highways
Illinois Route 20 is the south border of the property, Illinois Route 23 and Illinois Route 176 are 1 1/2 miles east, and Interstate 90 is 4 miles southwest of the property.
legal description
A brief legal description indicates The GPH Marengo Farm is located in Part of the Northwest Quarter of Section 34, Township 44 North – Range 5 East (Marengo Township), McHenry County, Illinois.
total acres
There are a total of 57.38 acres, more or less, according to the McHenry County Assessor’s Office.
tillable acres
There are approximately 49 tillable acres currently in production, estimated.
soil types
Dickinson sandy loam is the primary soil type on this farm.
topography
The topography of the subject farm is level.
location climate growing season
McHenry 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
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.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2020 real estate taxes totaled $872.52. The tax parcel numbers are #11-34-100-023 & #11-34-100-026.
grain markets
There are a number of grain markets located within 10 miles of The GPH Marengo Farm.
zoning
The GPH Marengo Farm is zoned A-1, Agricultural (McHenry County) and ER, Estate Residential (City of Marengo).