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Bureau County, IL · Sold

IL-194011

4893 County Road 203

$116,100
$10,583/ac · 10.97 ac
Acreage10.97 ac
Price per acre$10,583/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedNov 1, 2023
Coordinates41.3617, -89.5178
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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
17
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

663 ft of deeded road frontage.

Power6 ft away

Power at or near the road.

Buildable area9.24 of 10.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$98,404
$76,716$120,092 · $8,970/ac on 10.97 ac
Asking vs estimate
+18.0%
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 $116,100
Maximum allowable offer
$56,231
$5,126/ac · +30.0% target margin

You need $59,869 off asking to hit this margin.

All-in cost$61,011
Net resale$90,532
Projected profit$29,521
ROI+48.4%
Annualized+69.2%
Break-even resale$6,045/ac
Profit if resale lands off target
-20%
$11,415
-10%
$20,468
0%
$29,521
+10%
$38,574
+20%
$47,628
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-382592
Gravel · Off grid
3.9Jul 27, 2026$34,1008,7009,6574.3 mi
78
IL-403228
Dirt · Off grid
6.2Feb 1, 2026$43,2006,9539,3496.0 mi
71
IL-585271
Paved · Power at road
27.3Mar 14, 2025$181,4006,6416,6413.9 mi
69
IL-855008
Gravel · Off grid
22.6Jul 21, 2024$206,7009,15212,6769.6 mi
62
IL-775725
Gravel · Power at road
38.0Aug 9, 2024$258,1006,7998,6726.9 mi
60
IL-105658
Paved · Off grid
36.2Jul 30, 2025$201,9005,5846,7757.8 mi
60
Show adjustment detail for the top comp
  • Tract size (3.92 ac → 10.97 ac)-5.9%
  • Utilities (Off grid → Power at road)+17.6%

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.