MGW Real Estate Information

The Tampico Farm
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Price : $7,900 per acre Sold
County: Whiteside

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Contact Details -
Jeff Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-756-3606
Email: jeffwaddell@mgw.us.com

Property Details
Location:

The subject farm is located approximately 124 miles southwest of Chicago and O'Hare International Airport. Nearby towns include: Tampico - 2 miles to the north; Rock Falls - 9 miles to the north, Dixon - 28 miles to the northeast, and DeKalb - 66 miles to the northeast.

Frontage:

There is approximately 1/4 mile of road frontage on State Highway 172.

Major Highways:

The subject farm is located on State Highway 172. Interstate Highway 88 is located 8 miles to the north, and State Highway 92 is 1 1/4 mile to the south of the property.

Legal Description:

A brief legal description indicates the Tampico Farm is located in the North half of the Southwest quarter of Section 26 (T.19N.-R.6E) Tampico Township, Whiteside County, Illinois.

Total Acres:

There are a total of 78.6 acres, more or less.

Tillable Acres:

There are a total of 78 tillable acres.

Soil Types:

Major soil types found on this farm include: Drummer silty clay loam, Thorp silt loam, Joyce silt loam, Marshan loam, sandy substram.

Topography:

The topography of the subject farm is level to gently rolling.

Climate/Growing Season:

Whiteside 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 2854 growing degree days from April 15 through September 30. Annual precipitation averages about 34 inches with over two thirds of this coming during the growing season. Snowfall averages about 33 inches per year. Prevailing winds are from the west and southwest. 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.

Farm Management:

Professional farm management services are available to absentee owners through several local members of The American Society of Farm Managers and Rural Appraisers. Recommendations are provided upon request.

Price and Terms:

The asking price is $7,900.00 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 including the Farm Credit Services and several major insurance companies. Names and addresses of financing sources will be provided upon request.

Taxes:

The tax parcel number for this farm is 22-26-300-001. 2008 taxes paybale in 2009 totaled $1,766.74 or $22.48 per acre.

Grain Markets:

There are a number of grain markets located near the Whiteside Farm.

Zoning:

The farm is zoned Agricultural.

 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
152A Drummer silty clay loam 55.1 175 9642
206A Thorp silt loam 15.9 153 2433
487A Joyce silt loam 4.8 162 940
760A Marshan loam, sandy substram 2.2 147 323
    Total: 78    

TOTAL ACRES - 78.6 acres, more or less
TILLABLE ACRES - 78.0 acres, or 99.2% per FSA figures
CORN YIELD - 171.0 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 169.7 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.