MGW Real Estate Information

The Ridgefield of Huntley Farm
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Price : $24,900 per acre
County: Kane

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

Property Details
Location: The subject farm is located approximately 35 miles northwest of Chicago O'Hare International Airport. Nearby towns include: Huntley (1 mile northwest), Algonquin (5 miles northeast), and Elgin (5 1/2 miles southeast).
Frontage: There is approximately 1/8 mile of road frontage on Powers Road.
Major Highways: County Highway 30 is 1 mile north, IL Route 47 is 1 3/4 miles west, and Interstate 90 is 2 miles south of the property.
Legal Description: A brief legal description indicates the Ridgefield of Huntley Farm is located in the Northeast Quarter of the Northwest Quarter of Section 10, Township 42 North, Rage 7 East of the Third Principal Meridian in Rutland Township, Kane County, Illinois.
Total Acres: There are a total of 26.6 acres, more or less, according to the Kane County Assessors Office.
Tillable Acres: There are 14.8 tillable acres according to the Kane County FSA Office.
Soil Types: Major soil types found on this farm include Martinsville silt loam, and Casco loam.
Topography: The topography of the subject farm is gently rolling to rolling.
Climate/Growing Season: Kane 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 32 inches 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 and Terms: The asking price is $24,900 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 and local banks. Additional names and addresses will be provided upon request.
Taxes: The 2010 Real Estate Taxes totaled $59.40. The tax parcel number is #02-10-100-006.
Grain Markets: There are a number of grain markets located within 10 miles of the Ridgefield of Huntley Farm.
Zoning: The property is zoned Planned Unit Development. Zoning in place for 12 residential building sites. Interested parties should contact Kane County Zoning to assure that zoning meets your requirements.
 
Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
570B Martinsville silt loam 9.3 153 1423
323D2 Casco loam 4.7 126 592
969F Casco-Rodman complex 0.8 94 75
    Total: 14.8    

TOTAL ACRES - 26.6 acres, more or less
TILLABLE ACRES - 14.8 acres, or 55.6% per FSA figures
CORN YIELD - 141.2 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 78.6 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.