The Rankin Farm

Price: $11,900 per acre
County: Kane

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 32 miles west of Chicago O'Hare International Airport. Nearby cities include: Burlington (1 1/2 miles north), Sycamore (4 1/4 miles northwest), and Elburn (6 5/8 miles southeast).
There is approximately 1/16 mile of road frontage on Barron Road and 1/16 mile on Ramm Road.
major highways
Illinois Route 64 is 1 5/8 miles south, Illinois Route 47 is 3 3/4 miles east, and Illinois Route 23 is 6 miles northwest of the property.
legal description
A brief legal description indicates the Rankin Farm is located in Part of Section 33, Township 41 North – Range 6 East (Burlington Township), Kane County, Illinois.
total acres
There are a total of 90.25 acres, more or less, according to the Kane County Assessor.
tillable acres
There are approximately 89 tillable acres, estimated.
soil types
Major soil types found on this farm include Drummer silty clay loam, Somonauk silt loam, and Zurich silt loam.
The topography of the subject farm is level to nearly level.
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 $11,900 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 $4,558.60. The tax parcel numbers are: #04-33-100-004, #04-33-200-002, #04-33-200-003, #04-33-300-006 & #04-33-400-008.
grain markets
There are a number of grain markets located within 15 miles of The Rankin Farm.
The property is zoned F - Farming District.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
152ADrummer silty clay loam35.851441956,991
668BSomonauk silt loam28.651161614,613
696BZurich silt loam16.521181612,660
103AHoughton muck2.48130175434
662BBarony silt loam2.39124170406
104AVirgil silt loam1.21132182220
330APeotone silty clay loam0.90123164148
527BKidami silt loam0.88114155136
344C2Harvard silt loam0.1211615919
Total Acres : 90.25 acres, more or less
Tillable Acres : 89.00 acres, or 98.61% per FSA figures
Productivity Index : 128.52
Weighted Average Corn Yield Index : 175.58 bushels per acre, based on tillable acres
Comparable Yield Index : 173.15 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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