The Route 72 Property

Price: $229,000
County: Ogle

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

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Property Details

location
The subject farm is located approximately 64 miles west of Chicago O’Hare International Airport. Nearby towns include: Stillman Valley (1 1/8 miles west), Davis Junction (1 1/2 miles east), and Rockford (5 1/2 miles northeast).
frontage
There is approximately 1/4 mile of road frontage on Illinois Route 72.
major highways
Illinois Route 72 is the south border, Illinois Route 251 is 3 1/2 miles east, Interstate 39/U.S. Route 51 is 6 1/4 miles east, and Illinois Route 64 is 6 3/4 miles south of the property.
legal description
A brief legal description indicates The Route 72 Property is located in Part of the Northwest Quarter of Section 20, Township 42 North – Range 1 East (Scott Township), Ogle County, Illinois.
total acres
There are a total of 14.19 acres, more or less, according to the Ogle County Assessor’s Office.
tillable acres
There are approximately 12.92 tillable acres according to the Ogle County FSA.
soil types
Major soil types found on this farm include Wyanet silt loam and Odell silt loam.
topography
The topography of the subject property is level to nearly level.
location climate growing season
Ogle 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" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. 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 $229,000. 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 2020 real estate taxes totaled $345.56. The tax parcel number is #11-20-100-016.
grain markets
There are a number of grain markets located within 10 miles of The Route 72 Property.
zoning
The Route 72 Property is zoned I-1 Industrial. Subject to county approval, permitted uses include, but are not limited to: auto repair, manufacturing, offices, parking areas, utility facilities, communication studios and towers, railroad switching yards, trucking, and storage yards.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
622BWyanet silt loam9.511191591,512
490AOdell silt loam3.21129176565
125ASelma loam0.2012917635
Total Acres : 14.19 acres, more or less
Tillable Acres : 12.92 acres, or 91.05% per FSA figures
Productivity Index : 121.64
Weighted Average Corn Yield Index : 163.49 bushels per acre, based on tillable acres
Comparable Yield Index : 148.85 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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