The Grover Farm

Price: $13,900 per acre
County: DeKalb

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 52 miles west of Chicago O'Hare International Airport. Nearby cities include: Malta (3 1/8 miles northeast), Rochelle (5 3/8 miles west), and DeKalb (7 3/8 miles east).
There is approximately 3/16 mile of road frontage on Tower Road and 3/16 mile on Keslinger Road.
major highways
Interstate 88 is 1 mile north, Interstate 39 is 4 3/8 miles west, U.S. Route 30 is 8 miles south, and Illinois Route 23 is 8 3/8 miles east of the property.
legal description
A brief legal description indicates The Grover Farm is located in Part of the Southwest Quarter of Section 5, Township 39 North – Range 3 East (Milan Township), DeKalb County, Illinois.
total acres
There are a total of 110 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 107 tillable acres, estimated.
soil types
Major soil types found on this farm include Danabrook silt loam, La Rose loam, and Elpaso silty clay loam.
The topography of the subject farm is level to rolling.
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 $13,900 per acre. 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 2022 real estate taxes totaled $3,503.06. The tax parcel numbers are: #10-05-300-011, #10-05-300-012 & #10-05-300-013.
grain markets
There are a number of grain markets located within 10 miles of The Grover Farm.
The property is zoned A-1, Agricultural.
The lease income from the two wind turbines on the property was $22,828.35 in 2022. Details of the wind lease are available upon request.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
512C2Danabrook silt loam28.831281745,016
60D2La Rose loam24.691051423,506
356AElpaso silty clay loam21.551441954,202
221C2Parr silt loam13.191111481,952
330APeotone silty clay loam13.091231642,147
171BCatlin silt loam3.48137185644
512BDanabrook silt loam2.17137185401
Total Acres : 110.00 acres, more or less
Tillable Acres : 107.00 acres, or 97.27% estimated
Productivity Index : 123.68
Weighted Average Corn Yield Index : 167.00 bushels per acre, based on tillable acres
Comparable Yield Index : 162.44 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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