The Lalik South Farm
Total Acres There are a total of 80 acres, more or less, according to the Bureau County Assessors Office.
Tillable Acres There are approximately 76.86 tillable acres according to the Bureau County FSA, of which 5.10 acres are currently enrolled in CRP. The annual contract payment is $1,848 and expires on September 30, 2025.
Soil Types Major soil types found on this farm include: Sawmill silt loam, Plano silt loam, and Warsaw silt loam.
Topography The topography of the subject farm is level to gently rolling.
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 Terms The asking price is $8,450 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Finan...
Financing Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes The 2016 real estate taxes totaled $2,273.66. The tax parcel number is #20-32-300-001.
Grain Markets There are a number of grain markets located within 10 miles of The Lalik South Farm.
Zoning The Lalik South Farm is zoned AG - Agricultural.
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Location The subject farm is located approximately 106 miles southwest of Chicago OHare International Airport. Nearby towns include: Neponset (4 5/8 miles northwest), Kewanee (8 7/8 miles west), and Tiskilwa (10 5/8 miles northeast).
Frontage There is approximately 1/4 mile of road frontage on 600N Avenue.
Major Highways Illinois Route 40 is 1 1/2 miles east, Illinois Route 93 is 3 5/8 miles south, U.S. Route 34 is 5 1/4 miles northwest, and Interstate 80 is 10 miles north of the property.
Legal Description A brief legal description indicates The Lalik South Farm is located in Part of the Southwest Quarter of Section 32, Township 15 North Range 7 East (Macon Township), Bureau County, Illinois.