The Lalik South Farm

Price: $8,450 per acre
County: Bureau

Contact Details
Josh Waddell
Mobile: 815-751-0439
Phone: 815-756-3606
Email: Josh.Waddell@mgw.us.com

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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.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
8107A+Sawmill silt loam20.861391893,943
199B2Plano silt loam15.931351842,931
290C2Warsaw silt loam13.931111502,090
199C2Plano silt loam8.061321801,451
198AElburn silt loam5.781431971,139
705ABuckhart silt loam4.13142190785
86B2Osco silt loam3.52134181637
134C2Camden silt loam1.82111154280
567C2Elkhart silt loam1.52116159242
51AMuscatune silt loam1.31147200262
Total Acres : 80.00 acres, more or less
Tillable Acres : 76.86 acres, or 96.08% per FSA figures
Productivity Index : 131.61
Weighted Average Corn Yield Index : 179.01 bushels per acre, based on tillable acres
Comparable Yield Index : 171.98 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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