The Pigeon Grove Farm

Price: $5,650 per acre
County: Iroquois

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606
Email: Jeff.Waddell@mgw.us.com

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Property Details

location
The subject farm is located approximately 100 miles south of Chicago O'Hare International Airport. Nearby towns include: Rankin (1 1/2 miles southeast, Cissna Park (4 1/8 miles northeast), and Paxton (8 3/8 miles southwest).
frontage
There is approximately 3/8 mile of road frontage on 100 N Road and 1/2 mile on 1100 E Road.
major highways
Illinois Route 49 is 1 mile east, Illinois Route 9 is 2 1/2 miles south, U.S. Route 45 is 8 1/8 miles west, and Interstate 57 is 8 5/8 miles west of the property.
legal description
A brief legal description indicates The Pigeon Grove Farm is located in Part of the Northeast Quarter of Section 34, Township 24 North - Range 14 West (Pigeon Grove Township), Iroquois County, Illinois.
total acres
There are a total of 146.65 acres, more or less, according to the Iroquois County Assessor's Office.
tillable acres
There are approximately 120.53 tillable acres.
soil types
The major soil type found on this farm is Clarence silty clay loam.
topography
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
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $5,650 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 2014 real estate taxes totaled $620.82. The tax parcel number is #38-34-200-002
grain markets
There are a number of grain markets located within 10 miles of The Pigeon Grove Farm.
zoning
The Pigeon Grove Farm is zoned A-1, Agricultural.
comments
Productive farmland with attractive creek and recreational opportunities. Excellent farmland investment.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
147AClarence silty clay loam67.581071409,461
147B2Clarence silty clay loam22.901001302,977
147C2Clarence silty clay loam15.071001301,959
230ARower silty clay loam8.901111481,317
229AMonee silty clay loam5.7899133769
295AMokena silt loam0.3012617252
Total Acres : 146.65 acres, more or less
Tillable Acres : 120.53 acres, or 82.19% per FSA figures
Productivity Index : 104.75
Weighted Average Corn Yield Index : 137.18 bushels per acre, based on tillable acres
Comparable Yield Index : 112.75 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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