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Bureau County, IL · Sold

IL-966424

8567 County Road 248

$267,300
$4,244/ac · 62.98 ac
Acreage62.98 ac
Price per acre$4,244/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMar 2, 2024
Coordinates41.4467, -89.5977
Loading terrain…
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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,644 ft of deeded road frontage.

Power206 ft away

Power at or near the road.

Buildable area50.68 of 62.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$354,821
$275,891$433,751 · $5,634/ac on 62.98 ac
Asking vs estimate
-24.7%
Priced below the comp set

Weighted from 10 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 $267,300
Maximum allowable offer
$202,755
$3,219/ac · +30.0% target margin

You need $64,545 off asking to hit this margin.

All-in cost$219,989
Net resale$326,435
Projected profit$106,446
ROI+48.4%
Annualized+69.2%
Break-even resale$3,797/ac
Profit if resale lands off target
-20%
$41,159
-10%
$73,803
0%
$106,446
+10%
$139,090
+20%
$171,733
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-996678
Dirt · Off grid
75.7Feb 5, 2026$341,4004,5095,6495.7 mi
80
IL-747740
Paved · Off grid
163.4Jul 27, 2026$958,6005,8676,3733.4 mi
77
IL-517349
Landlocked · Power at road
123.1Jul 27, 2026$308,1002,5033,7219.6 mi
74
IL-576127
Gravel · Off grid
50.8Nov 24, 2025$411,9008,1098,08311.4 mi
72
IL-105658
Paved · Off grid
36.2Jul 30, 2025$201,9005,5844,4831.3 mi
71
IL-775725
Gravel · Power at road
38.0Aug 9, 2024$258,1006,7995,7370.7 mi
71
IL-996513
Gravel · Off grid
67.2Jun 6, 2024$287,7004,2824,7998.5 mi
70
IL-795809
Landlocked · Power at road
40.3Sep 8, 2025$203,6005,0486,06810.4 mi
70
IL-707308
Dirt · Off grid
119.5Apr 24, 2025$577,9004,8366,9886.5 mi
68
IL-585271
Paved · Power at road
27.3Mar 14, 2025$181,4006,6414,3943.3 mi
67
Show adjustment detail for the top comp
  • Tract size (75.71 ac → 62.98 ac)+4.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.2%

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.