Location: The subject farm is located approximately 75 miles West of Chicago and O'Hare International Airport. Nearby towns include: Rockford immediately East, and Huntley 35 miles East.<br/> <br/>Frontage: There is approximately 140 feet of road frontage on Prairie Road and 675 feet on Pelley Road.<br/> <br/>Major Highways: State Highway 2 is 3/4 miles East, Interstate 39 is 6 miles East, and State Highway 251 is 3 miles East, and Federal Highway 20 is 1/4 mile North.<br/> <br/>Legal Description: A brief legal description indicates the Pelley Road Farm is located in Part of Section 9 (T.43N.-R.1E.), Rockford Township, Winnebago County, Illinois.<br/> <br/>Total Acres: There are a total of 70 acres, more or less according to the Winnebago County Assessors Office.<br/> <br/>Tillable Acres: There are approximately 65 tillable acres.<br/> <br/>Soil Types: Major soil types include: Plano silt loam, Elburn silt loam, and Ogle silt loam.<br/> <br/>FSA Data: The FSA direct corn yield is 108 bushels per acre and the corn base is 31.93 acres, estimated. The FSA direct bean yield is 30 bushels per acre, the bean base is 31.84 acres, estimated. <br/> <br/>Topography: The topography of the subject farm is level to gently rolling.<br/> <br/>Climate/Growing Season: Winnebago County has a continental climate typical of northern 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.<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 $12,900 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. Names and addresses will be provided upon request.<br/> <br/>Taxes: The 2010 Real Estate Taxes totaled $1,813.50. The tax parcel numbers are 15-09-176-001 and 15-09-326-001.<br/> <br/>Grain Markets: There are a number of grain markets located within 10 miles of the Pelley Road Farm.<br/> <br/>Comments: Excellent long term development potential less than 1 mile from the Highway 20 / Highway 2 interchange.
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