The Peterson Road Farm

Price: $10,650 per acre
County: Kane

Contact Details
Josh Waddell
Mobile: 815-901-4269
Phone: 815-756-3606
Email: Josh.Waddell@mgw.us.com

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Property Details

location
The subject farm is located approximately 34 miles west of Chicago O'Hare International Airport. Nearby towns include: Maple Park (2 1/4 miles south), Sycamore (4 1/8 miles northwest), and Elburn (6 1/2 miles southeast).
frontage
There is approximately 1/3 mile of road frontage on Peterson Road.
major highways
Illinois Route 64 is 3/4 mile northeast, Illinois Route 47 is 5 1/2 east, Illinois Route 38 is 3 3/8 miles southwest, and Interstate 4 1/2 miles southwest of the property.
legal description
A brief legal description indicates The Peterson Road Farm is located in Part of the Northeast Quarter of Section 18, Township 40 North - Range 6 East (Virgil Township), Kane County, Illinois.
total acres
There are a total of 20 acres, more or less, according to the Kane County Assessor's Office.
tillable acres
There are approximately 20.27 tillable acres, according to the Kane County FSA.
soil types
Major soil types found on this farm include Drummer silty clay loam and Millbrook silt loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
Kane County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34 inches with over two-thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. 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 $10,650 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 $733.86. The parcel number is #07-18-200-002.
grain markets
There are a number of grain markets located within 15 miles of The Peterson Road Farm.
zoning
The Peterson Road Farm is zoned F - Farming District.
comments
Property meets requirements for building one single family residence per the Kane County Development Department.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
152ADrummer silty clay loam8.281441951,615
219AMillbrook silt loam4.39129177777
193BMayville silt loam3.99109148591
668ASomonauk silt loam3.42117163557
668BSomonauk silt loam0.1911616131
Total Acres : 20.00 acres, more or less
Tillable Acres : 20.27 acres, or 101.35% per FSA figures
Productivity Index : 129.04
Weighted Average Corn Yield Index : 176.13 bushels per acre, based on tillable acres
Comparable Yield Index : 178.51 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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