The Yates Avenue Farm

Price: $5,450 per acre
County: Will

Contact Details
Jeff Waddell
Mobile: 815-751-0501
Phone: 815-756-3606
Email: Jeff.Waddell@mgw.us.com

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Property Details

location
The subject farm is located approximately 45 miles southeast of Chicago O'Hare International Airport. Nearby towns include: Beecher (1 1/2 miles west), Crete (4 1/2 miles northwest), and Cedar Lake (5 miles east).
frontage
There is approximately 33 feet of road frontage on S Yates Avenue.
major highways
Illinois Route 1 is 2 3/4 miles west, Illinois Route 394 is 3 1/2 miles northwest, U.S. Route 41 is 4 3/8 miles east, and Illinois Route 17 is 8 5/8 miles south of the property.
legal description
A brief legal description indicates The Yates Avenue Farm is located in Part of the South Half of Section 12, Township 33 North - Range 14 East (Washington Township), Will County, Illinois.
total acres
There are a total of 121 acres, more or less, according to the Will County Assessor's Office.
tillable acres
There are approximately 116.74 tillable acres.
soil types
The major soil type on this farm is Beecher silt loam.
topography
The topography of the subject farm is level to gently rolling.
location climate growing season
Will County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over two thirds of this coming during the growing season. Snowfall averages about 32" per year. Prevailing winds are from the west. This climate, combined with the generally excellent soils in this area, provide 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
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 2015 real estate taxes totaled $1,688.34. The tax parcel numbers are #22-22-12-300-002 and #22-22-12-400-007.
grain markets
There are a number of grain markets located within 20 miles of The Yates Avenue Farm.
zoning
The Yates Avenue Farm is zoned A-1, Agricultural.
comments
Productive farmland offering. High percentage tillable, excellent Will County location.

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Corn Yield Rating* Gross Bushels
298BBeecher silt loam71.6711315010,751
232AAshkum silty clay loam22.551271703,834
531C2Markham silt loam20.181081472,966
103AHoughton muck1.15130175201
330APeotone silty clay loam0.99123164162
23BBlount silt loam0.2010413828
Total Acres : 121.00 acres, more or less
Tillable Acres : 116.74 acres, or 96.48% per FSA figures
Productivity Index : 115.08
Corn Yield Rating : 153.69 bushels per acre, based on tillable acres
Comparable Yield Index : 148.28 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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