MGW Real Estate Information
The Kishwaukee Road Farm
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Price : $7,350 per acre Sold
County: Ogle

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Contact Details -
Josh Waddell  (Agent)
Phone: 815-756-3606
Mobile:  815-751-0439
Email: Josh.Waddell@mgw.us.com
Property Details
Location:

The subject farm is located approximately 82 miles west of Chicago and O'Hare International Airport.  3/4 mile east of Byron, 5 miles southwest of Rockford, 6 west of Davis Junction, and 37 miles west of Huntley.
Frontage:

There is 100 feet of road frontage on Kishwaukee Road.
Major Highways:

3/4 mile east of State Highway 2, 1 1/2 miles north of State Highway 72, 7 miles wet of State Highway 251, and 10 miles west of Interstate 39.
Legal Description:

A brief legal description indicates the Kishwaukee Road Farm is located in Part of the east half of section 28 (T.25N.-R.11E.) Marion Township, Ogle County, Illinois.
Total Acres:

There are a total of 76.22 acres, more or less, according to the Ogle Co. Assessors Office.
Tillable Acres:

There are 70 acres, more or less, of tillable acres.
Soil Types:

Major soil types include Wyanet silt loam, Rockton silt loam, and Jasper silt loam.
FSA Data:

The FSA direct corn yield is 94 bushels per acre and the FSA corn base is 34 acres.  The FSA direct bean yield is 36.6 bushels per acre, the FSA bean base is 37.1 acres.  There are no wetlands.
Topography:

The topography of the subject farm is level to gently rolling.
Climate/Growing Season:

Ogle 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.
Price and Terms:

The asking price is $7,350 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 1st Farm Credit.  Additional names and addresses will be provided upon request.
Taxes:

The 2010 Real Estate Taxes totaled $499.32. The tax parcel number is 05-28-400-003.
Grain Markets:

There are a number of grain markets located within 10 miles of the Kishwaukee Road Farm.
Zoning:

The farm is zoned Agricultural.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
622C2 Wyanet Silt Loam 24 150 3600
503C2 Rockton silt loam 19 125 2375
440B Jasper loam 13.8 173 2387
440A Jasper loam 6.2 175 1085
125A Selma loam 2.5 176 440
152A Drummer silty clay loam 2.2 195 429
403D Elizabeth loam 1.9 72 137
102A La Hogue loam 0.4 162 648
    Total: 70    

TOTAL ACRES - 76.2 acres, more or less
TILLABLE ACRES - 70.0 acres, or 91.8% per FSA figures
CORN YIELD - 158.6 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 145.6 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.