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Adams County, IL · Sold

IL-609894

9588 County Road 238

$3,669,800
$4,718/ac · 778 ac
Acreage778 ac
Price per acre$4,718/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedFeb 13, 2024
Coordinates40.0243, -91.1436
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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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope10.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,250 ft of deeded road frontage.

Power75 ft away

Power at or near the road.

Buildable area727.19 of 777.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,967,934
$2,682,345$3,253,524 · $3,815/ac on 778 ac
Asking vs estimate
+23.6%
Priced above the comp set

Weighted from 6 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 $3,669,800
Maximum allowable offer
$1,695,963
$2,180/ac · +30.0% target margin

You need $1,973,837 off asking to hit this margin.

All-in cost$1,840,120
Net resale$2,730,500
Projected profit$890,380
ROI+48.4%
Annualized+69.2%
Break-even resale$2,571/ac
Profit if resale lands off target
-20%
$344,280
-10%
$617,330
0%
$890,380
+10%
$1,163,430
+20%
$1,436,480
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-529588
Gravel · Power at road
623.3Jul 27, 2026$2,234,1003,5853,3563.4 mi
88
IL-999311
Landlocked · Off grid
509.9Jun 12, 2026$1,449,9002,8434,3563.5 mi
78
IL-489302
Landlocked · Off grid
506.6Jun 29, 2026$1,282,2002,5313,86210.1 mi
74
IL-348811
Gravel · Power at road
355.0Apr 10, 2026$1,657,7004,6703,7388.4 mi
73
IL-538610
Gravel · Full utilities
306.9Jul 27, 2026$1,709,6005,5713,4598.5 mi
72
IL-258849
Dirt · Off grid
364.9Jul 28, 2025$1,348,8003,6964,1998.8 mi
68
Show adjustment detail for the top comp
  • Tract size (623.25 ac → 777.91 ac)-6.6%

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.