The Hub City Route 38 Farm

Price: $12,500 per acre
County: Ogle

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 62 miles west of Chicago O'Hare International Airport. Nearby cities include: Rochelle (1/4 mile east), Oregon (11 3/4 miles northwest), and Byron (14 1/4 miles northwest).
There is approximately 1/4 mile of road frontage on Illinois Route 38 and 1/4 mile on Center Road.
major highways
Illinois Route 38 is the south border of the property, Interstate 88 is 2 1/4 miles south, Illinois Route 251 is 2 1/4 miles east, and Interstate 39/U.S. Route 51 is 4 1/2 miles east of the property.
legal description
A brief legal description indicates the Hub City Route 38 Farm is located in Part of the Southeast Quarter of Section 21, Township 40 North - Range 1 East (Flagg Township), Ogle County, Illinois.
total acres
There are a total of 57.467 acres according to a survey.
tillable acres
There are approximately 54.92 tillable acres, according to the Ogle County FSA.
soil types
The primary soil type on this farm is Drummer silty clay loam.
FSA Data
There is no CRP. Base Acreage: 41.18 acres corn, 13.72 acres soybeans. PLC Yield: 120 bushels corn, 34 bushels soybeans.
The topography of the subject property is level to nearly level.
location climate growing season
Ogle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans.
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 $12,500 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Financing is available from several sources. Names and addresses will be provided upon request.
The 2015 real estate taxes totaled $2,505.78. The tax parcel number is #24-21-400-012.
grain markets
There are a number of grain markets located within 10 miles of The Hub City Route 38 Farm.
This property is currently zoned AG-1 Agricultural.
Excellent location immediately west of the city of Rochelle. Sewer and water through the property. Engineering for light industrial development has been completed.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
152ADrummer silty clay loam31.381441956,119
171ACatlin silt loam8.661381871,619
198AElburn silt loam4.05143197798
171BCatlin silt loam3.89137185720
570BMartinsville silt loam3.36113153514
154AFlanagan silt loam2.81144194545
490AOdell silt loam0.58129176102
145BSaybrook silt loam0.1913117734
Total Acres : 57.47 acres, more or less
Tillable Acres : 54.92 acres, or 95.57% per FSA figures
Productivity Index : 140.38
Weighted Average Corn Yield Index : 190.29 bushels per acre, based on tillable acres
Comparable Yield Index : 181.86 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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