53 acres in Boone County, Illinois

Description

Location:
The subject farm is located approximately 55 miles West of Chicago and O'Hare International Airport. Contiguous to the City of Belvidere. Nearby towns include Rockford, 7 miles West and Huntley, 19 miles East.
Frontage:
There is approximately 1/4 mile of frontage road on Interstate 90 and 1/8 mile on Chrysler Drive.
Major Highways:
Interstate 20 is immediately North of the property, State Highway 23 is 10 miles East, and State Highway 47 is 19 miles East.
Legal Description:
Part of the East Half of the Northeast Quarter of Section 6 (T.43N.-R.4E.), Spring Township, Boone County, Illinois.
Total Acres:
There is a total of 52.5 acres, more or less, according to the Boone County Assessors Office.
Tillable Acres:
There are 48 tillable acres, according to the Boone County FSA office.
Soil Types:
Major soil types include Parr silt loam, Odell silt loam, and Drummer silty clay.
FSA Data:
The FSA direct corn yield is 114 bushels per acre and the FSA corn base is 32.3 acres. The FSA direct bean yield is 37 bushels per acre, the FSA bean base is 20.2 acres.
Topography:
The topography of the subject farm is gently rolling.
Climate/Growing Season:
Boone County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average we expect about 2750 growing degree days from April 15 through September 30. Annual precipitation averages about 35 inches with over two thirds of this coming during the growing season. Snowfall averages about 36 inches per year. Prevailing winds are from the west and southwest. The climate, combined with the generally excellent soils in this area provides a nearly ideal environment for the productions of corn, wheat 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 $22,500 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 and several major insurance companies. Names and addresses will be provided upon request.
Taxes:
The 2009 Real Estate Taxes totaled $462.92. The tax parcel number is 08-06-200-016.
Grain Markets:
There are a number of grain markets located within 10 miles of the Nimtz Farm.
Zoning:
The farm is zoned Agricultural.
Comments:
EXCELLENT DEVELOPMENT POTENTIAL.

Soils Information
Soil # Soil Name Approx Acres Corn Yield Gross Bushel
211B Parr silt loam 18.7 143 2674
490A Odell silt loam 16.2 158 2560
152A Drummer silty clay loam 10.9 175 1908
440B Jasper silt loam 2.2 156 343
Total: 48

TOTAL ACRES - 52.5 acres, more or less
TILLABLE ACRES - 48.0 acres, or 91.4% per FSA figures
CORN YIELD - 155.9 bushels per acre, based on tillable acres
COMPARABLE YIELD INDEX - 142.6 bushels per acre, based on total acres