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Bureau County, IL · Sold

IL-403228

2601 County Road 282

$40,800
$6,559/ac · 6.22 ac
Acreage6.22 ac
Price per acre$6,559/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 9, 2025
Coordinates41.3777, -89.6315
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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

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

View Bureau market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,916 ft away

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

Buildable area5.53 of 6.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$45,701
$36,965$54,436 · $7,347/ac on 6.22 ac
Asking vs estimate
-10.7%
Priced below 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 $40,800
Maximum allowable offer
$26,115
$4,198/ac · +30.0% target margin

You need $14,685 off asking to hit this margin.

All-in cost$28,335
Net resale$42,045
Projected profit$13,710
ROI+48.4%
Annualized+69.2%
Break-even resale$4,952/ac
Profit if resale lands off target
-20%
$5,301
-10%
$9,505
0%
$13,710
+10%
$17,914
+20%
$22,119
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-382592
Gravel · Off grid
3.9Jul 27, 2026$34,1008,7007,3435.2 mi
80
IL-542036
Dirt · Off grid
2.6Jul 27, 2026$16,8006,4236,2251.9 mi
79
IL-194011
Gravel · Power at road
11.0Dec 20, 2023$106,8009,7378,2306.0 mi
62
IL-585271
Paved · Power at road
27.3Mar 14, 2025$181,4006,6415,0503.8 mi
58
IL-611630
Paved · Off grid
1.9Jun 21, 2024$20,40010,4838,0037.9 mi
58
IL-855008
Gravel · Off grid
22.6Jul 21, 2024$206,7009,1529,6397.2 mi
57
Show adjustment detail for the top comp
  • Tract size (3.92 ac → 6.22 ac)-2.1%
  • Access (Gravel → Dirt)-14.0%

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.