Auction Information
The Marschang Farm
Total Acres: There are a total of 200 acres according to a survey.
Tillable Acres: There are a total of 123.55 cropland acres according to the Lee County FSA, of which 101.7 acres are leased for the 2020 crop year.
Soil Types: Major soil types found on this farm include Dickinson sandy loam and Hoopeston sandy loam.
Topography: The topography of the subject farm is level to nearly level.
Location Climate Growing Season: Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2,750 growing degree days from April 23 through October 15. Annual precipitation averages about 35" with over two thirds of this coming during the growing season. Snowfall averages about 35" per year. Prevailing winds are from the west-northwest.
Mineral Rights: The buyer will receive and the seller will convey all mine...
Mineral Rights: The buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.
Possession: Closing shall be on or before December 18, 2020. The purchase agreement is between the seller and buyer only and cannot be assigned to a third party without the written consent of the seller. Possession is subject to the rights of any tenants in possession.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2019 real estate taxes totaled $1,804.56. The tax parcel numbers are #11-16-16-300-005 & #11-16-17-400-001.
Comments: Excellent recreational property with income. Deer, turkey, upland game, and other wildlife are abundant in the area. Located 1.5 miles west of the 1,976 acre Richardson Wildlife Foundation.
Major Highways: U.S. Route 30 is 2 1/2 miles north, U.S. Route 52 is 2 3/4 miles southwest, and Interstate 39/U.S. Route 51 is 10 miles east of the property.
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ONLINE AUCTION - The auction platform is open for bidding. The auction closes November 18, 2020, beginning at 1 p.m. Central Time.
Auction Date: Nov 18, 2020 - 1:00 PM
Inspection Location: Please call to schedule an inspection.
Directions To Farm: From U.S. Route 52 north of Amboy, go east on U.S. Route 30 for 1.3 miles. Then take a slight right onto Inlet Road and continue 5.1 miles to arrive at the farm.
Location: The subject property is located approximately 70 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Amboy (3 miles west), Dixon (12 miles northwest), and Rochelle (14 miles northeast).
Frontage: There is approximately 1/8 mile of road frontage on Inlet Road.
Legal Description: A brief legal description indicates The Marschang Farm is located in part of the Southeast Quarter of Section 17 and Part of the Southwest Quarter of Section 16, Township 20 North - Range 11 East (Lee Center Township), Lee County, Illinois.