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Adams County, IL · Sold

IL-999311

2246 County Road 293

$1,444,100
$2,832/ac · 510 ac
Acreage510 ac
Price per acre$2,832/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 3, 2025
Coordinates39.9901, -91.1917
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Adams County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Adams market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,304 ft away

A long utility run — price in solar/off-grid instead.

Buildable area457.31 of 509.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,281,575
$1,104,110$1,459,039 · $2,513/ac on 510 ac
Asking vs estimate
+12.7%
Priced above the comp set

Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,444,100
Maximum allowable offer
$732,328
$1,436/ac · +30.0% target margin

You need $711,772 off asking to hit this margin.

All-in cost$794,576
Net resale$1,179,049
Projected profit$384,473
ROI+48.4%
Annualized+69.2%
Break-even resale$1,694/ac
Profit if resale lands off target
-20%
$148,663
-10%
$266,568
0%
$384,473
+10%
$502,378
+20%
$620,283
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-489302
Landlocked · Off grid
506.6Jun 29, 2026$1,282,2002,5312,5406.7 mi
89
IL-529588
Gravel · Power at road
623.3Jul 27, 2026$2,234,1003,5852,2076.2 mi
81
IL-538610
Gravel · Full utilities
306.9Jul 27, 2026$1,709,6005,5712,2746.8 mi
76
IL-348811
Gravel · Power at road
355.0Apr 10, 2026$1,657,7004,6702,4586.0 mi
76
IL-258849
Dirt · Off grid
364.9Jul 28, 2025$1,348,8003,6962,7617.7 mi
72
IL-227886
Gravel · Power at road
181.6Feb 26, 2026$898,2004,9452,1605.0 mi
67
IL-609894
Gravel · Power at road
777.9Mar 10, 2024$3,519,3004,5243,2793.5 mi
66
Show adjustment detail for the top comp
  • Market time (2 mo)+0.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.