IL-240562
5811 County Road 387
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Adams County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Adams market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $8,282 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-480264 Paved · Full utilities | 0.7 | Nov 23, 2024 | $7,200 | 9,795 | 10,487 | 5.1 mi | 81 |
| IL-760410 Dirt · Full utilities | 0.8 | Aug 21, 2024 | $10,900 | 13,417 | 19,925 | 6.8 mi | 73 |
| IL-901330 Dirt · Off grid | 1.6 | Aug 16, 2025 | $13,100 | 8,370 | 17,292 | 4.8 mi | 69 |
| IL-541341 Dirt · Power at road | 1.6 | May 8, 2025 | $13,600 | 8,568 | 15,215 | 4.0 mi | 68 |
| IL-112054 Gravel · Full utilities | 2.7 | Dec 26, 2024 | $31,300 | 11,762 | 15,099 | 3.7 mi | 62 |
| IL-481992 Paved · Off grid | 2.5 | Mar 17, 2024 | $29,800 | 11,735 | 18,861 | 6.8 mi | 59 |
Show adjustment detail for the top comp
- Market time (21 mo)+7.3%
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.