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Adams County, IL · Sold

IL-694548

1724 County Road 272

$193,700
$11,972/ac · 16.18 ac
Acreage16.18 ac
Price per acre$11,972/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedMay 25, 2025
Coordinates40.0065, -91.2839
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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

4 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands43.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power221 ft away

Power at or near the road.

Buildable area8.76 of 16.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$163,433
$139,912$186,954 · $10,101/ac on 16.18 ac
Asking vs estimate
+18.5%
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 $193,700
Maximum allowable offer
$93,391
$5,772/ac · +30.0% target margin

You need $100,309 off asking to hit this margin.

All-in cost$101,329
Net resale$150,359
Projected profit$49,029
ROI+48.4%
Annualized+69.2%
Break-even resale$6,807/ac
Profit if resale lands off target
-20%
$18,958
-10%
$33,994
0%
$49,029
+10%
$64,065
+20%
$79,101
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-815233
Landlocked · Power at road
26.6Dec 29, 2025$130,2004,8999,3127.5 mi
73
IL-752449
Paved · Power at road
3.5May 27, 2025$35,50010,0339,5211.1 mi
65
IL-653604
Paved · Off grid
8.2Oct 24, 2024$69,7008,53410,1657.8 mi
65
IL-936908
Landlocked · Off grid
89.4Jul 27, 2026$424,5004,74613,16210.6 mi
62
IL-935094
Landlocked · Full utilities
24.0Sep 20, 2023$121,8005,0698,50711.1 mi
61
IL-562393
Dirt · Off grid
3.4Apr 8, 2025$22,3006,55410,08010.7 mi
54
Show adjustment detail for the top comp
  • Tract size (26.58 ac → 16.18 ac)+6.7%
  • Access (Landlocked → Paved)+73.5%
  • Market time (8 mo)+2.6%

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.