The State Street Farm

Price: $15,600 per acre
County: Winnebago

Contact Details
Josh Waddell & Mark T. Mommsen
Mobile: 815-751-0439 & 815-901-4269
Phone: 815-756-3606
Email: info@mgw.us.com

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Property Details

location
The subject farm is located approximately 68 miles northwest of Chicago O’Hare International Airport and is located within the city of Rockford. Nearby cities include: Winnebago (2 miles west), Loves Park (6 1/8 miles northeast), and Byron (9 3/8 miles southwest). The property address is 7552 W State Street, Rockford, IL 61102.
frontage
There is approximately 7/16 mile of road frontage W State Street/U.S. Route 20 Business and 7/8 mile on U.S. Route 20.
major highways
The property borders U.S. Route 20 and U.S. Route 20 Business, Illinois Route 2 is 4 1/2 miles east, and Interstate 39 is 9 1/2 miles southeast of the property.
legal description
A brief legal description indicates The State Street Farm is located in Part of the Southwest Quarter of Section 1, Part of the Southeast Quarter of Section 2, Part of the Northeast Quarter of Section 11 and Part of the Northwest Quarter of Section 12, Township 26 North – Range 11 East (Winnebago Township), Winnebago County, Illinois.
total acres
There are a total of 157.43 acres, more or less, according to the Winnebago County Assessor.
tillable acres
There are approximately 145 tillable acres according to the Winnebago County FSA.
soil types
Osco silt loam is the primary soil type on this farm.
topography
The topography of the subject farm is level to gently rolling.
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 $15,600 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 $14,780.84. The tax parcel numbers are: #14-01-300-033, #14-02-451-019, #14-02-451-021, #14-02-476-002, #14-02-476-003, #14-11-202-001, #14-11-226-001, #14-12-100-001 & #14-12-100-002.
grain markets
There are a number of grain markets located within 10 miles of The State Street Farm.
zoning
The property is zoned R1 - Single Family Residential (Rockford Zoning District).
improvements
Two-story single family home with 5 bedrooms, 3 baths, enclosed porch, garage, milk house, machine shed, hog building, metal shed, storage shed, silos, and fenced pasture.
comments
High quality farmland with a home and outbuildings. Excellent location with future development potential.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
86BOsco silt loam90.5714018917,118
280gC2Fayette silt loam13.341131552,068
3776AComfrey loam10.571381851,955
51AMuscatune silt loam8.301472001,660
781BFriesland fine sandy loam7.931181571,245
86C2Osco silt loam4.30131178765
728BWinnebago silt loam2.69121162436
9068ASable silty clay loam2.39143192459
783BFlagler sandy loam2.2695128289
419C2Flagg silt loam1.22111151184
199BPlano silt loam1.02141192196
198AElburn silt loam0.4114319781
Total Acres : 157.43 acres, more or less
Tillable Acres : 145.00 acres, or 92.10% per FSA figures
Productivity Index : 135.07
Weighted Average Corn Yield Index : 182.46 bushels per acre, based on tillable acres
Comparable Yield Index : 168.05 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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