Location: The subject farm is located approximately 49 miles south of Chicago and O'Hare International Airport, 4 miles south of Frankfort, 20 miles south of Chicago, and 5 miles southwest of University Park.<br/> <br/>Frontage: There is approximately 3/8 mile of road frontage on County Highway 19.<br/> <br/>Major Highways: 4 miles west of Interstate 57, 1.5 miles east of Federal Highway 45, 8 miles south of Federal Highway 30, and 10 miles south of Interstate Highway 80.<br/> <br/>Legal Description: A brief legal description indicates The Watermark Farm is located in part of the east half of section 28 in township 34 north, range 12 east of the third principal meridian (Green Garden Township) in Will County, Illinois.<br/> <br/>Total Acres: There are a total of 128.22 acres, more or less, according to the Will Co. Assessors Office.<br/> <br/>Tillable Acres: There are approximately 125 tillable acres.<br/> <br/>Soil Types: Major soil types found on this farm include Elliott Silt Loam, Pella Silty Clay Loam and Ashkum Silty Clay Loam.<br/> <br/>FSA Data: The FSA direct corn yield is 118 bushels per acre. The FSA direct bean yield is 40 bushels per acre and the FSA direct wheat yield is 51 bushels per acre.<br/><br/>Topography: The topography of the subject farm is level to gently rolling.<br/> <br/>Climate/Growing Season: Will 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.<br/> <br/>Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner.<br/> <br/>Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.<br/> <br/>Price and Terms: The asking price is $11,500 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.<br/> <br/>Financing: Mortgage financing is available from several sources including 1st Farm Credit. Additional names and addresses will be provided upon request.<br/> <br/>Taxes: The 2010 Real Estate Taxes are to be determined. <br/> <br/>Grain Markets: There are a number of grain markets located within 10 miles of The Watermark Farm.<br/> <br/>Zoning: The farm is zoned Residential.<br/> <br/>Comments: Zoned Residential R-3.
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