The Linway Property

Price: $7,850 per acre
County: Cook

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 36 miles southeast of Chicago O'Hare International Airport and is contiguous to Lynwood, Ford Heights and Sauk Village.
There is approximately 1/8 mile of road frontage on U.S. Route 30.
major highways
U.S. Route 30 is the south border of the property, Illinois Route 83 is 1/16 mile north, Illinois Route 394 is 1 1/4 miles west, and Interstate 80/94 is 4 1/8 miles north of the property.
legal description
A brief legal description indicates The Linway Property is located in Part of the South Half of Section 18 and Part of the North Half of Section 19, Township 35 North – Range 15 East (Bloom Township), Cook County, Illinois.
total acres
There are a total of approximately 78.43 acres, more or less.
tillable acres
There are approximately 65 acres currently in crop production and interior roads, estimated.
soil types
Major soil types found on this farm include Selma loam and Watseka loamy fine sand.
The topography of the subject farm is level to nearly level.
location climate growing season
Cook 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 inches with over two thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. 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 will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $7,850 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 2020 real estate taxes totaled $1,188.82. The tax parcel numbers can be found in the detailed brochure.
grain markets
There are a number of grain markets located within 30 miles of The Linway Property.
The Linway Property is zoned R4, Single-Family Residence District.
Future development potential in Cook County. Adjacent to residential developments.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
125ASelma loam23.271291764,096
49AWatseka loamy fine sand21.51931222,624
201AGilford fine sandy loam7.981101481,181
741BOakville fine sand5.8281106617
172AHoopeston fine sandy loam5.37109147789
69AMilford silty clay loam0.99128171169
802BOrthents0.060 0
Total Acres : 78.43 acres, more or less
Tillable Acres : 65.00 acres, or 82.88% estimated
Productivity Index : 108.67
Weighted Average Corn Yield Index : 145.79 bushels per acre, based on tillable acres
Comparable Yield Index : 120.83 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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