Property Details
location
The subject farm is located approximately 47 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Belvidere (1 5/8 miles west), Garden Prairie (2 miles east), Marengo (7 miles east), and Rockford (8 7/8 miles northwest).
frontage
There is approximately 3/8 mile of road frontage on U.S. Route 20 and 1/2 mile on Spring Road.
major highways
U.S. Route 20 is the north border of the property, Interstate 90 is 3/4 mile south, Illinois Route 23 is 8 miles east and Interstate 39 is 10 miles west of the property.
legal description
A brief legal description indicates The Spring Road Farm is located in Part of the East Half of Section 33, Township 44 North – Range 4 East (Bonus Township), Boone County, Illinois.
total acres
There are a total of 146.15 acres, more or less, according to the Boone County Assessor’s Office.
tillable acres
There are approximately 93.21 tillable acres according to the Boone County FSA.
soil types
Major soil types found on this farm include Jasper silt loam and Kidami silt loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
Boone 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. The climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn, wheat 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 $5,450 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 2020 real estate taxes totaled $2,661.18. The tax parcel numbers are #06-33-276-002, #06-33-276-003, and #06-33-400-003.
grain markets
There are a number of grain markets located within 10 miles of The Spring Road Farm.
zoning
The Spring Road Farm is zoned A-1, Ag. Preservation.