Farm Land in Stark County, Illinois


Posted By:	John Moss, The Loranda Group, Inc., Bloomington, Illinois, United States (800) 716 - 8189 www.loranda.com
Click to contact: John Moss, The Loranda Group, Inc., Bloomington, Illinois, United States

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The details of the land is listed below.
Auction Date:
Address:	41.084609, -89.909547
County:	Stark
State & Zip:	Illinois, 61483
Property Type:	Land
Bedrooms:	0
Bathrooms:	0
Year Built:	0
Building Area:	0 sqft
Land Use:	Farm
Land Area:	141.20 Acres
Price:	1,426,120 USD
Contract Status:	For Sale
Description:	REVISED ACREAGE! The Loranda Group, Inc. is pleased to offer for sale the Rice Farm, 141.2 +/- acres located 2 miles west of Toulon, 25 miles northeast of Galesburg, or 30 miles northwest of Peoria, in Sections 26 and 27 of Goshen Township, Stark County, Illinois. According to the local Farm Service Agency, the property has ~ 127 acres in row crop production and ~ 8 acres enrolled in the Conserva-tion Reserve Program that can also be used for deer hunting. The estimated corn base is ~ 76 acres with a PLC yield of 163 bushels per acre, and the estimated soybean base is ~ 50 acres with a PLC yield of 50 bushels per acre. The CRP contract expires on 09/30/19 and pays $104.23 per acre. The predominant soil types on the tilled acres are Osco silt loam, Ipava silt loam, and Assump-tion silt loam and the soil productivity index (P.I.) is 138.8. The asking price for the property is $1,426,120 or $10,100.00 per acre and the farm is cash rented for the 2018 crop year. The real estate taxes to be paid in 2018 are approximately $34.50 per acre and there are no improvements on this acreage. Finally, both lime and hog manure have recently been applied to the farm and a pro-rated reimbursement will be due the current tenant at closing. Directions: From the west edge of Toulon, travel west on Highway 17 for approximately 0.75 miles to CR 450 East. Turn left/south and travel 1 mile to County Road 750 North (Trail 107). Turn right/west, travel 0.50 miles, and the farm will begin on your right.
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NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE OR WITHDRAWAL WITHOUT NOTICE.

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