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Bureau County, IL · Sold

IL-598661

2796 County Road 355

$1,340,900
$4,211/ac · 318 ac
Acreage318 ac
Price per acre$4,211/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 27, 2024
Coordinates41.4498, -89.5320
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,205 ft of deeded road frontage.

Power11,814 ft away

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

Buildable area294.34 of 318.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$950,111
$684,080$1,216,141 · $2,984/ac on 318 ac
Asking vs estimate
+41.1%
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 $1,340,900
Maximum allowable offer
$542,920
$1,705/ac · +30.0% target margin

You need $797,980 off asking to hit this margin.

All-in cost$589,068
Net resale$874,102
Projected profit$285,033
ROI+48.4%
Annualized+69.2%
Break-even resale$2,011/ac
Profit if resale lands off target
-20%
$110,213
-10%
$197,623
0%
$285,033
+10%
$372,444
+20%
$459,854
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-998586
Dirt · Full utilities
301.6Apr 11, 2026$997,5003,3072,3017.8 mi
83
IL-418358
Gravel · Off grid
255.7Mar 30, 2026$703,8002,7532,2579.3 mi
78
IL-747740
Paved · Off grid
163.4Jul 27, 2026$958,6005,8673,5495.6 mi
76
IL-517349
Landlocked · Power at road
123.1Jul 27, 2026$308,1002,5032,0736.3 mi
71
IL-707308
Dirt · Off grid
119.5Apr 24, 2025$577,9004,8363,8927.3 mi
65
IL-457417
Gravel · Power at road
129.3Jul 7, 2024$881,7006,8194,2243.3 mi
61
Show adjustment detail for the top comp
  • Tract size (301.59 ac → 318.43 ac)-1.6%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.5%

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.