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Snyder Family Farm For Sale In Paw Paw Illinois 117 Acres ( Real Estate - Farms )

Posted: 09/05/2023


Welcome to the Snyder Family Farm! Our family comes from a long line of original farmers in the Northern IL. Town of of Paw Paw in the early 1900s.
Snyder Road was named for our family that built it.

Through the years it has seen a few ups and downs, including a fire that destroyed the family home, but part of the home and foundation still stands today. But even through the decades, this farm has always maintained good quality production soil, a generous crop of corn and soy, and has been continually cultivated & well taken care of by long-time cash rent farming colleagues of the family since the early 1960s.

Our farm parcel is conveniently located to I-39 and just south of Rt. 30, in section 29 of the Willow Creek Township, Lee County, Illinois. The 92 tillable acres areas of the farm have a Productivity Index (PI) average of 129, with the predominant soils of Caitlin and Wyanet Silt Loam. The farm parcel also includes wooded acres of 23.07 +/- and 2.25 acres of road access.

Willow Creek also runs through the wooded acres, making it ideal for potential recreational income as well.

The farm parcel’s eastern boundary is Germantown Rd., Snyder Road is the Northern Boundary with Steward Road just to the west.
Legal Description: A brief legal description for the Snyder Family Farm: located in the South Half of the south-east quarter of Section 29, Part of the Northeast Quarter of the southeast corner of Section 29, all part of Township 38 North (Wyoming Township), Lee County, Illinois.
Total Acres: There are a total of 117+/- acres according to the Lee County Assessor.

Tillable Acres: There are approximately 92 tillable acres according to the Lee County FSA.
Productivity Index (PI): 129 blended average.

Potential Cash Rent Rates: $315-$390 per acre (PGI $28,980 - $35,880)

Woodlands/Stream Recreational Acres: 27 acres
Potential Recreational Lease Rates: $35-$55 range. (PGI of $945 - $1485)

Soil Types: Major soil types found on this farm include: Wyanet silt loam, Catlin silt loam, Elpaso silty clay loam and Elburn 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.

Water Rights: All riparian 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 $12,500 per acre. A 10% earnest money deposit should accompany any offer to purchase.

Financing: Mortgage financing is available from several local sources.

Taxes: The 2022 real estate taxes totaled $4096.98. The tax parcel numbers are:
21-12-29-400-004; 21-12-29-400-005

Zoning: The property is zoned Ag-1 Rural/Agricultural District.

Posted by: STEVEN MASSEY    State: FL   Zip: 33334   Phone: 9545545612

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Posted in FLORIDA>>    Category REAL ESTATE - FARMS>>   Posted 09/05/2023

Snyder Family Farm For Sale In Paw Paw Illinois 117 Acres ( Real Esta

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