The Highway 20 Farm

Price: $7,900 per acre
County: Boone

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

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Property Details

location
The subject farm is located approximately 45 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Belvidere (2 3/4 miles west), Marengo (6 miles east), and Genoa (10 miles south).
frontage
There is approximately 1/8 mile of road frontage on U.S. Route 20.
major highways
U.S. Route 20 is the north border of the property, Interstate 90 is 2 miles south, U.S. Business Route 20 is 3 3/4 miles west, and Illinois Route 23 is 7 miles east of the property.
legal description
A brief legal description indicates The Highway 20 Farm is located in Part of the Northeast Quarter of Section 34, Township 44 North - Range 4 East (Bonus Township), Boone County, Illinois.
total acres
There are a total of 42.29 acres, more or less, according to the Boone County Assessor's Office.
tillable acres
There are 42.34 tillable acres according to the Boone County FSA.
soil types
Major soil types found on this farm include Parr silt loam and Kidami silt loam.
topography
The topography of the subject farm is level to nearly level.
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 $7,900 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 $640.98. The tax parcel number is #06-34-200-014.
grain markets
There are a number of grain markets located within 10 miles of The Highway 20 Farm.
zoning
The Highway 20 Farm is zoned A-1, Agriculture District.
comments
Top quality farm in an excellent location, just 2 3/4 miles east of Belvidere.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
221BParr silt loam18.631181572,925
527BKidami silt loam11.201141551,736
490AOdell silt loam8.511291761,498
440BJasper silt loam3.75129173649
290BWarsaw loam0.2511815940
Total Acres : 42.29 acres, more or less
Tillable Acres : 42.34 acres, or 100.12% per FSA figures
Productivity Index : 120.13
Weighted Average Corn Yield Index : 161.72 bushels per acre, based on tillable acres
Comparable Yield Index : 161.91 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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