The Smith Farm

Price: $10,750 per acre
County: DeKalb

Contact Details
Josh Waddell
Mobile: 815-751-0439
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 44 miles west of Chicago O’Hare International Airport. Nearby cities include: DeKalb (2 miles northeast), Waterman (5 miles south), and Elburn (16 miles east).
There is approximately 1/2 mile of road frontage on Elva Road and 1/2 mile on 1st Street.
major highways
Illinois Route 23 is 2 miles east, Interstate 88 is 3 miles north, U.S. Route 30 is 5 1/2 miles south, and Interstate 39/U.S. Route 51 is 10 3/4 miles west of the property.
legal description
A brief legal description indicates The Smith Farm is located in the Northeast Quarter of Section 17, Township 39 North – Range 4 East (Afton Township), DeKalb County, Illinois.
total acres
There are a total of 160 acres, more or less, according to the DeKalb County Assessor’s Office.
tillable acres
There are approximately 152.79 tillable acres according to the DeKalb County FSA.
soil types
Major soil types found on this farm include Flanagan silt loam and Elpaso silty clay loam.
The topography of the subject farm is level to nearly level.
location climate growing season
DeKalb County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average we expect about 2,750 growing degree days from April 15 through September 30. Annual precipitation averages about 35" with over 2/3 of this coming during the growing season. Snowfall averages about 36" 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 will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $10,750 per acre. The owners are seeking a cash sale. 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 2018 real estate taxes totaled $15,774.66. The tax parcel number is #11-17-200-001.
grain markets
There are a number of grain markets located within 10 miles of The Smith Farm.
The Smith Farm is zoned A-1 Agricultural District.
The building site is situated on approximately 3.2 acres, estimated. All improvements are being sold as is.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
154AFlanagan silt loam78.9214419415,310
356AElpaso silty clay loam35.961441957,012
152ADrummer silty clay loam24.401441954,758
171BCatlin silt loam9.371371851,733
171ACatlin silt loam4.14138187774
Total Acres : 160.00 acres, more or less
Tillable Acres : 152.79 acres, or 95.49% per FSA figures
Productivity Index : 143.41
Weighted Average Corn Yield Index : 193.65 bushels per acre, based on tillable acres
Comparable Yield Index : 184.93 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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