The Richards Farm

Price: $474,000
County: LaSalle

Contact Details
Josh Waddell/Mark T. Mommsen
Mobile: 815-751-0439
Phone: 815-756-3606
Email: Josh.Waddell@mgw.us.com/Mark.Mommsen@mgw.us.com

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Property Details

location
The subject farm is located approximately 70 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Ransom (1 3/4 miles northeast), Streator (6 1/2 miles west), and Ottawa (14 1/2 miles northwest). The property address is 1346 E 25th Road, Streator, IL 61364.
frontage
There is approximately 1/4 mile of road frontage on E 25th Road.
major highways
Illinois Route 18 is 1 1/8 miles southwest, Illinois Route 17 is 2 5/16 miles south, Illinois Route 170 is 1 3/4 miles east, Illinois Route 23 is 8 miles west, and Interstate 55 is 10 3/4 miles southeast of the property.
legal description
A brief legal description indicates The Richards Farm is located in the Northwest Quarter of the Southwest Quarter of Section 29, Township 31 North - Range 5 East (Allen Township), LaSalle County, Illinois.
total acres
There are a total of 40 acres, more or less, according to the LaSalle County Assessor's Office.
tillable acres
There are approximately 34.2 tillable acres.
soil types
The major soil type found on this farm is Rutland silty clay loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
LaSalle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 175 days. On average we expect about 2,750 growing degree days from April 24 through October 17. Annual precipitation averages about 33 inches with over half of this coming during the growing season. Snowfall averages about 25 to 27 inches per year. Prevailing winds are from the west-northwest. 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 $474,000.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2014 real estate taxes totaled $2,850.74. The tax parcel number is #35-29-301-000.
grain markets
There are a number of grain markets located within 10 miles of The Richards Farm.
zoning
The Richards Farm is zoned A-1, Agricultural.
comments
A large, two-story farmhouse, Morton machine shed with concrete floor, and a number of other outbuildings are located on the property. The tillable acreage has historically been pastured and could be converted to cropland if desired.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Corn Yield Rating* Gross Bushels
375BRutland silty clay loam14.191321782,526
375ARutland silty clay lo am7.551331801,359
91BSwygert silty clay loam5.69117156888
235ABryce sillty clay loam4.54121162735
91C3Swygert silty clay loam1.4792123181
91C2Swygert silty clay loam0.75110147110
Total Acres : 40.00 acres, more or less
Tillable Acres : 34.19 acres, or 85.48% per FSA figures
Productivity Index : 126.06
Corn Yield Rating : 169.61 bushels per acre, based on tillable acres
Comparable Yield Index : 144.98 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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