The Osage Farm

Price: $9,400 per acre
County: LaSalle

Contact Details
Mark T. Mommsen
Mobile: 815-901-4269
Phone: 815-756-3606
Email: Mark.Mommsen@mgw.us.com

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Property Details

location
The subject farm is located approximately 83 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Wenona (2 1/2 miles southwest), Lostant (4 3/16 miles northwest), and Streator (8 miles northeast).
frontage
There is approximately 1/4 mile of road frontage on N 11th Road and 1/4 mile on E 8th Road.
major highways
Illinois Route 17 is 1 3/4 miles south, Illinois Route 18 is 2 1/4 miles north, Illinois Route 251 is 3 miles west, Interstate 39/U.S. Route 51 is 3 1/8 miles west, and Illinois Route 23 is 8 7/8 miles east of the property.
legal description
A brief legal description indicates The Osage Farm is located in Part of the Northwest Quarter of the Northwest Quarter of Section 9, Township 30 North - Range 2 East (Osage Township), LaSalle County, Illinois.
total acres
There are a total of 40 acres, more or less, according to the LaSalle County Assessor's Office.
tillable acres
There are approximately 39.31 tillable acres according to the LaSalle County FSA.
soil types
Major soil types found on this farm include Rutland silty clay loam and Streator silty clay loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
LaSalle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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 $9,400 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 2014 real estate taxes totaled $795.60. The tax parcel number is #36-09-100-000.
grain markets
There are a number of grain markets located within 10 miles of The Osage Farm.
zoning
The Osage Farm is zoned A-1, Agriculture.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
375BRutland silty clay loam28.001321784,984
435AStreator silty clay loam9.171311771,623
388C2Wenona silty clay loam1.51120161243
375ARutland silty clay loam0.63133180113
Total Acres : 40.00 acres, more or less
Tillable Acres : 39.31 acres, or 98.28% per FSA figures
Productivity Index : 131.32
Weighted Average Corn Yield Index : 177.15 bushels per acre, based on tillable acres
Comparable Yield Index : 174.09 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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