The Paw Paw Farm

Price: $17,200 per acre
County: Lee

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 61 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Paw Paw (2 1/4 miles east), Mendota (7 miles south), and Rochelle (13 5/8 miles north).
There is approximately 7/16 mile of road frontage on Interstate 39/U.S. Route 51, 1 /2 mile on Hedge Road, and 1 mile on Roxbury Road.
major highways
Interstate 39/U.S. Route 51 is the northwest border of the property, Illinois Route 251 is 2 3/8 miles west, U.S. 30 is 4 3/4 miles north, and U.S. 34 is 7 1/8 miles south of the property.
legal description
A brief legal description indicates the Paw Paw Farm is located in Part of the South Half of Section 7, Part of the Northwest Quarter of Section 17, and Part of the North Half of Section 18, Township 37 North – Range 2 East (Wyoming Township), Lee County, Illinois.
total acres
There are a total of 368.24 acres, more or less, according to the Lee County Assessor.
tillable acres
There are approximately 350.27 tillable acres according to the Lee County FSA.
soil types
Major soil types found on this farm include: Muscatune silt loam, Catlin silt loam, and Blackberry silt loam.
The topography of the subject farm is level to gently rolling.
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 $17,200 per acre. 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 2022 real estate taxes totaled $19,626.68. The tax parcel numbers are: #22-18-07-400-003, #22-18-07-400-004, #22-18-07-400-006, #22-18-17-100-003, #22-18-17-100-004, #22-18-18-200-001 & #22-18-18-200-002.
grain markets
There are a number of grain markets located within 15 miles of The Paw Paw Farm.
The property is zoned Ag-1 Rural/Agricultural District.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
51AMuscatune silt loam74.7914720014,958
171iBCatlin silt loam66.4413718512,291
679BBlackberry silt loam60.7414119211,662
154AFlanagan silt loam46.001441948,924
356AElpaso silty clay loam41.481441958,089
145B2Saybrook silt loam27.461251704,668
68ASable silty clay loam19.181431923,683
145C2Saybrook silt loam10.561231661,753
705ABuckhart silt loam3.62142190688
Total Acres : 368.24 acres, more or less
Tillable Acres : 350.27 acres, or 95.12% per FSA figures
Productivity Index : 140.59
Weighted Average Corn Yield Index : 190.47 bushels per acre, based on tillable acres
Comparable Yield Index : 181.17 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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