The Pearl Street Road Farm

Price: $13,520 per acre
County: Boone

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 48 miles northwest of Chicago O’Hare International Airport. Nearby cities include: Kirkland (4 1/8 miles south), Belvidere (4 3/4 miles north), and Cherry Valley (6 3/4 miles northwest).
There is approximately 1/4 mile of road frontage on Pearl Street Road and 3/8 mile on Ollman Road.
major highways
Illinois Route 72 is 4 1/4 miles south, Interstate 90 is 4 3/4 miles north, U.S. Route 20 is 5 1/4 miles north, and Interstate 39/U.S. Route 51 is 9 1/2 miles west of the property.
legal description
A brief legal description indicates The Pearl Street is located in Part of Section 36, Township 43 North – Range 3 East (Flora Township), Boone County, Illinois.
total acres
There are a total of 177.58 acres according to a survey.
tillable acres
There are approximately 174.58 tillable acres, estimated.
soil types
Major soil types found on this farm include Drummer silty clay loam and Kidami 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 $13,520 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 $5,989.24. The tax parcel numbers are: #07-36-100-009, #07-36-200-003, #07-36-400-002 & #07-36-400-003.
grain markets
There are a number of grain markets located within 10 miles of The Pearl Street Road Farm.
The property is zoned A-1, Ag. Conservation.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
152ADrummer silty clay loam61.2914419511,952
527BKidami silt loam45.561141557,062
242AKendall silt loam28.461251724,895
104AVirgil silt loam23.401321824,259
527C2Kidami loam4.63109149690
59ALisbon silt loam3.47136188652
62AHerbert silt loam3.39131179607
570AMartinsville silt loam3.22114155499
21C2Pecatonica silt loam1.16105143166
Total Acres : 177.58 acres, more or less
Tillable Acres : 174.58 acres, or 98.31% per FSA figures
Productivity Index : 129.31
Weighted Average Corn Yield Index : 176.32 bushels per acre, based on tillable acres
Comparable Yield Index : 173.34 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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