The Hopewell Farm

Price: $13,650 per acre
County: Marshall

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 30 miles northeast of Peoria International Airport. Nearby cities include: Lacon (2 1/4 miles northwest), Chillicothe (8 1/2 miles southwest), and Toluca (10 1/4 miles east).
There is approximately 1/4 mile of road frontage on County Rd 1500 E and 3/4 mile on County Rd 600 N.
major highways
Illinois Route 17 is 3/4 mile north, Illinois Route 26 is 3 miles west, and Illinois Route 89 is 5 1/2 miles east of the property.
legal description
A brief legal description indicates The Hopewell Farm is located in Part of the South Half of Section 33, Township 30 North – Range 2 West (Hopewell Township), Marshall County, Illinois.
total acres
There are a total of 120 acres, more or less, according to the Marshall County Assessor’s Office.
tillable acres
There are approximately 113.27 cropland acres according to the Marshall County FSA.
soil types
Major soil types found on this farm include Elkhart silt loam, Harco silt loam, and Elkhart silty clay loam.
The topography of the subject farm is level to gently 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 $13,650 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 2021 real estate taxes totaled $4,451.56. The tax parcel numbers are #05-33-300-002 & 05-33-400-002.
grain markets
There are a number of grain markets located within 15 miles of The Hopewell Farm.
The property is zoned A, Agriculture.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
567BElkhart silt loam40.121241696,780
484AHarco silt loam24.391401904,634
567C2Elkhart silty clay loam20.351161593,236
68ASable silty clay loam12.171431922,337
8107ASawmill silty clay loam10.981391892,075
51AMuscatune silt loam5.261472001,052
Total Acres : 120.00 acres, more or less
Tillable Acres : 113.27 acres, or 94.39% per FSA figures
Productivity Index : 130.57
Weighted Average Corn Yield Index : 177.57 bushels per acre, based on tillable acres
Comparable Yield Index : 167.62 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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