The Plank Road Farm

Price: $9,850 per acre
County: Kane

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 25 miles west of Chicago O'Hare International Airport. Nearby cities include: Elgin (1/4 mile northwest), Campton Hills (2 1/2 miles south), and Pingree Grove (1 1/2 miles north). The property address is 40W267 Plank Road, Hampshire, IL 60140.
frontage
There is approximately 1/4 mile of road frontage on Plank Road.
major highways
U.S. Route 20 is 1/2 mile north, Illinois Route 47 is 2 7/8 miles west, Illinois Route 72 is 3 1/4 miles northwest, Interstate 90 is 4 miles north, and Illinois Route 31 is 5 1/2 miles east of the property.
legal description
A brief legal description indicates The Plank Road Farm is located in Part of the Southeast Quarter of Section 11 and Part of the North Half of Section 14, Township 41 North - Range 7 East (Plato Township), Kane County, Illinois.
total acres
There are a total of 127.71 acres, more or less, according to the Kane County Assessor's Office.
tillable acres
There are approximately 103.1 tillable acres, estimated.
soil types
The primary soil type on this farm is Drummer silty clay loam.
topography
The topography of the subject farm is level to gently rolling.
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 $9,850 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 2016 real estate taxes totaled $5,739.84. The tax parcel numbers are: #05-11-400-005, #05-11-400-006, #05-14-100-003, #05-14-200-003, and #05-14-200-004.
grain markets
There are a number of grain markets located within 15 miles of The Plank Road Farm.
zoning
The Plank Road Farm is zoned F - Farming.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
152ADrummer silty clay loam32.141441956,267
1103AHoughton muck21.451301753,754
668BSomonauk silt loam16.991161612,735
219AMillbrook silt loam6.671291771,181
356AElpaso silty clay5.411441951,055
527BKidami silt loam5.08114155787
330APeotone silty clay loam3.99123164654
527D2Kidami loam3.65107146533
527C2Kidami loam2.90109149432
668ASomonauk silt loam2.77117163452
WWater1.640 0
570BMartinsville silt loam0.4111315363
Total Acres : 127.71 acres, more or less
Tillable Acres : 103.10 acres, or 80.73% estimated
Productivity Index : 127.78
Weighted Average Corn Yield Index : 173.74 bushels per acre, based on tillable acres
Comparable Yield Index : 140.26 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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