The Schoenholz Farm

Price: $5,950 per acre
County: Lee

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 80 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Amboy (4 miles north), Dixon (10 1/2 miles northwest), and Mendota (15 miles southeast).
frontage
There is approximately 1/2 mile of road frontage on Union Road.
major highways
Illinois Route 26 is 2 miles west, U.S. Route 52 is 5 3/4 miles northeast, U.S. Route 30 is 7 miles north.
legal description
A brief legal description indicates The Schoenholz Farm is located in the Northwest Quarter of Section 12, Township 19 North – Range 9 East (East Grove Township), Lee County, Illinois.
total acres
There are a total of 160 acres, more or less, according to the Lee County Assessor’s Office.
tillable acres
There are approximately 140.35 tillable acres according to the Lee County FSA.
soil types
Major soil types found on this farm include Houghton muck, Selma loam, and Hooppole loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2,750 growing degree days from April 23 through October 15. Annual precipitation averages about 35" with over two thirds of this coming during the growing season. Snowfall averages about 35" per year. Prevailing winds are from the west-northwest. 
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 $5,950 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 2018 real estate taxes totaled $3,801.50. The tax parcel number is #08-20-12-100-001.
grain markets
There are a number of grain markets located within 10 miles of The Schoenholz Farm.
zoning
The Schoenholz Farm is zoned AG-1, Agricultural.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
103AHoughton muck49.831301758,720
125ASelma loam36.911291766,496
488AHooppole loam21.201211633,456
88B2Sparta loamy sand7.8587113887
1776AComfrey silt loam7.571381851,400
290B2Warsaw silt loam6.841131531,047
87BDickinson sandy loam5.87103141828
172AHoopeston sandy loam1.67109147245
87ADickinson sandy loam1.58104142224
329AWill loam1.03129174179
Total Acres : 160.00 acres, more or less
Tillable Acres : 140.35 acres, or 87.72% per FSA figures
Productivity Index : 123.90
Weighted Average Corn Yield Index : 167.32 bushels per acre, based on tillable acres
Comparable Yield Index : 146.77 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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