Property Details
location
The subject farm is located approximately 70 miles southwest of Chicago O'Hare International Airport. Nearby towns include: Ransom (3 1/8 miles north), Dwight (9 1/4 miles east, and Streator (8 7/8 miles west).
frontage
There is approximately 1/4 mile of road frontage on N 1600 East Road and 5/16 mile on E 3300 North Road.
major highways
Illinois Route 170 is 3/4 mile west, Illinois Route 17 is 5/8 mile south, and Interstate 55 is 9 miles east of the property.
legal description
A brief legal description indicates The Smith Farm is located in Part of the Northeast Quarter of Section 3, Township 30 North – Range 5 East (Sunbury Township), Livingston County, Illinois.
total acres
There are a total of 69.98 acres, more or less, according to the Livingston County Assessor’s Office.
tillable acres
There are approximately 64.01 tillable acres, according to the Livingston County FSA, of which 5.60 acres are currently enrolled in CRP with an annual contract payment of $1,679 through 9/30/2027.
soil types
Major soil types found on this farm include Bryce silty clay and Rutland silty clay loam.
topography
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
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $6,850 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 2019 real estate taxes totaled $1,798.16. The tax parcel number is #03-03-03-200-003.
grain markets
There is a grain elevator located within 6 miles of The Smith Farm.
zoning
The Smith Farm is zoned AG - Agricultural.