Property Details
location
The subject farm is located approximately 106 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Neponset (4 5/8 miles northwest), Kewanee (8 7/8 miles west), and Tiskilwa (10 5/8 miles northeast).
frontage
There is approximately 1/4 mile of road frontage on 600N Avenue.
major highways
Illinois Route 40 is 1 1/2 miles east, Illinois Route 93 is 3 5/8 miles south, U.S. Route 34 is 5 1/4 miles northwest, and Interstate 80 is 10 miles north of the property.
legal description
A brief legal description indicates The Lalik South Farm is located in Part of the Southwest Quarter of Section 32, Township 15 North – Range 7 East (Macon Township), Bureau County, Illinois.
total acres
There are a total of 80 acres, more or less, according to the Bureau County Assessor’s Office.
tillable acres
There are approximately 76.86 tillable acres according to the Bureau County FSA, of which 5.10 acres are currently enrolled in CRP. The annual contract payment is $1,848 and expires on September 30, 2025.
soil types
Major soil types found on this farm include: Sawmill silt loam, Plano silt loam, and Warsaw silt loam.
FSA Data
Detailed FSA information can be found in the brochure.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
Bureau 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 inches with over two-thirds of this coming during the growing season. Snowfall averages about 36 inches per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provide 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
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $8,450 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 2016 real estate taxes totaled $2,273.66. The tax parcel number is #20-32-300-001.
grain markets
There are a number of grain markets located within 10 miles of The Lalik South Farm.
zoning
The Lalik South Farm is zoned AG - Agricultural.