The Lucille Holub Trust Farm

Price: $5,650 per acre
County: Winnebago

Contact Details
Josh Waddell & Mark T. Mommsen
Mobile: 815-751-0439 or 815-901-4269
Phone: 815-756-3606
Email: Josh.Waddell@mgw.us.com & Mark.Mommsen@mgw.us.com

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Property Details

location
The subject farm is located approximately 82 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Durand (3 miles south), Rockford (15 miles southeast), and Freeport (16 miles southwest).
frontage
There is approximately 5/8 mile of road frontage on Laube Road and 1/8 mile on Anderson Road.

legal description
A brief legal description indicates The Lucille Holub Trust Farm is located in Part of the Southwest Quarter of Section 28 and Part of the South Half of Section 29, Township 29 North – Range 10 East (Laona Township), Winnebago County, Illinois.
total acres
There are a total of 85.365 acres, more or less.
tillable acres
There are approximately 74 tillable acres, estimated.
soil types
Edmund silt loam is the primary soil type found on this farm.
FSA Data
Detailed FSA information is available in the property brochure.
topography
The topography of the subject farm is level to rolling.
location climate growing season
Winnebago County has a continental climate typical of northern 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" with over two-thirds of this coming during the growing season. Snowfall averages about 36" 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 productions of corn, wheat and soybeans.
mineral rights
The buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.
possession
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2018 real estate taxes are to be determined pending a parcel split. The tax parcel numbers are as follows: part of #01-28-300-001, #01-29-300-004, #01-29-400-001 and #01-29-400-004.
zoning
The subject property is zone AG - Agricultural Priority.
major highways
Illinois Route 75 is 4 1/8 miles south, Illinois Route 70 is 4 1/2 miles southeast, Illinois Route 26 is 13 3/4 miles west, and Interstate 39/90 is 18 1/2 east of the property.
grain markets
There are a number of grain markets located within 20 miles of The Lucille Holub Trust Farm.
price terms
The asking price is $5,650 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
769E2Edmund silt loam30.6069912,785
561C2Whalan and NewGlarus silt loams10.65891221,299
429C2Palsgrove silt loam9.16981311,200
429B2Palsgrove silt loam7.03100134942
505D2Dunbarton silt loam6.476788569
197ATroxel silt loam5.05140191965
419BFlagg silt loam2.57118160411
3776AComfrey loam2.40138185444
3415AOrion silt loam0.0713118013
Total Acres : 85.37 acres, more or less
Tillable Acres : 74.00 acres, or 86.69% per FSA figures
Productivity Index : 87.08
Weighted Average Corn Yield Index : 116.59 bushels per acre, based on tillable acres
Comparable Yield Index : 101.07 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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