The Myelle Road Farm

Price: $7,900 per acre
County: DeKalb

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 47 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Kirkland (2 miles southwest), Kingston (2 1/4 miles southeast), and Belvidere (7 1/4 miles north).
frontage
There is approximately 1/4 mile of road frontage on Myelle Road.
major highways
Illinois Route 72 is 2 miles south, Interstate 90 is 7 1/4 miles north, U.S. Route 20 is 7 3/4 miles north, and Interstate 39/U.S. Route 51 is 10 miles west of the property.
legal description
A brief legal description indicates The Myelle Road Farm is located in Part of The Southeast Quarter of Section 12, Township 42 North - Range 3 East (Franklin Township), and Part of the Southwest Quarter of Section 7, Township 42 North - Range 4 East (Kingston Township), all in DeKalb County, Illinois.
total acres
There are a total of 77.5 acres, more or less, according to the DeKalb County Assessor's Office.
tillable acres
There are approximately 70.23 tillable acres, according to the DeKalb County FSA.
soil types
The primary soil type found on this farm is Kidami silt loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
DeKalb 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" with over 2/3 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 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 $7,900 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 2015 real estate taxes totaled $1,644.00. The tax parcel numbers are #01-12-400-012 and #02-07-300-002.
grain markets
There are a number of grain markets located within 15 miles of The Myelle Road Farm.
zoning
The Myelle Road Farm is zoned Agricultural.
comments
Highly productive DeKalb County tillable ground with recreational opportunities on 3 acres of timber. Excellent investment opportunity.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
527BKidami silt loam49.501141557,673
356AElpaso silty clay loam18.401441953,588
193BMayville silt loam2.01109148297
62AHerbert silt loam0.3213117957
Total Acres : 77.50 acres, more or less
Tillable Acres : 70.23 acres, or 90.62% per FSA figures
Productivity Index : 121.79
Weighted Average Corn Yield Index : 165.39 bushels per acre, based on tillable acres
Comparable Yield Index : 149.87 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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