The Grade School Road Farm

Price: $7,450 per acre
County: Boone

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606
Email: Jeff.Waddell@mgw.us.com

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Property Details

location
The subject farm is located approximately 59 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Roscoe (4 miles southwest), South Beloit (4 1/2 miles west), and Harvard (11 miles east).
frontage
There is approximately 1/2 mile of road frontage on Manchester Road and 3/8 mile on Grade School Road.
major highways
Illinois Route 76 is 1 1/2 miles east, Interstate 39 & 90/U.S. Route 51 is 5 3/8 miles west, and Illinois Route 173 is 7 miles south of the property.
legal description
A brief legal description indicates The Grade School Road Farm is located in Part of the Southeast Quarter of Section 9, Township 46 North - Range 3 East (Manchester Township), Boone County, Illinois.
total acres
There are a total of 145.89 acres, more or less, according to the Boone County Assessor's Office.
tillable acres
There are approximately 142.5 tillable acres.
soil types
Major soil types found on this farm include Kendall silt loam and Pecatonica silt loam.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
Boone 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 $7,450 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 2014 taxes totaled $7,291.72. The tax parcel numbers are #01-09-400-005 and #01-09-400-006.
grain markets
There are a number of grain markets located within 15 miles of The Grade School Road Farm.
zoning
The Grade School Road Farm is zoned A-1, Agriculture District.
comments
Excellent farmland investment opportunity. High percentage tillable, productive land, just 4 miles from Roscoe, Illinois.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
242AKendall silt loam48.231251728,296
21C2Pecatonica silt loam34.751051434,969
152ADrummer silty clay loam19.511441953,804
21BPecatonica silt loam14.421121522,192
243BSt. Charles silt loam7.591211661,260
419C2Flagg silt loam5.32111151803
104AVirgil silt loam4.70132182855
198AElburn silt loam3.70143197729
243ASt. Charles silt loam2.31122168388
361D3Kidder clay loam1.5988118188
199BPlano silt loam0.1314119225
419BFlagg silt loam0.1111816018
22C2Westville silt loam0.1010514114
Total Acres : 145.89 acres, more or less
Tillable Acres : 142.46 acres, or 97.65% per FSA figures
Productivity Index : 120.90
Weighted Average Corn Yield Index : 165.25 bushels per acre, based on tillable acres
Comparable Yield Index : 161.36 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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