← New search
Bureau County, IL · Sold

IL-996513

4038 County Road 267

$306,700
$4,565/ac · 67.18 ac
Acreage67.18 ac
Price per acre$4,565/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMay 8, 2024
Coordinates41.3948, -89.4492
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
12
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,114 ft of deeded road frontage.

Power9,196 ft away

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

Buildable area60.89 of 67.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$384,204
$295,151$473,257 · $5,719/ac on 67.18 ac
Asking vs estimate
-20.2%
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 $306,700
Maximum allowable offer
$219,545
$3,268/ac · +30.0% target margin

You need $87,155 off asking to hit this margin.

All-in cost$238,206
Net resale$353,468
Projected profit$115,262
ROI+48.4%
Annualized+69.3%
Break-even resale$3,854/ac
Profit if resale lands off target
-20%
$44,568
-10%
$79,915
0%
$115,262
+10%
$150,609
+20%
$185,955
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-996678
Dirt · Off grid
75.7Feb 5, 2026$341,4004,5095,5053.2 mi
87
IL-576127
Gravel · Off grid
50.8Nov 24, 2025$411,9008,1097,8766.0 mi
79
IL-517349
Landlocked · Power at road
123.1Jul 27, 2026$308,1002,5033,6266.4 mi
75
IL-445859
Gravel · Off grid
41.8Jun 5, 2024$222,7005,3245,2791.4 mi
72
IL-795809
Landlocked · Power at road
40.3Sep 8, 2025$203,6005,0485,9142.6 mi
72
IL-966424
Dirt · Power at road
63.0Nov 8, 2024$255,0004,0494,2398.5 mi
71
IL-747740
Paved · Off grid
163.4Jul 27, 2026$958,6005,8676,21011.3 mi
70
IL-105658
Paved · Off grid
36.2Jul 30, 2025$201,9005,5844,3688.5 mi
68
IL-707308
Dirt · Off grid
119.5Apr 24, 2025$577,9004,8366,8107.8 mi
67
IL-457417
Gravel · Power at road
129.3Jul 7, 2024$881,7006,8197,3902.9 mi
67
Show adjustment detail for the top comp
  • Tract size (75.71 ac → 67.18 ac)+2.7%
  • Access (Dirt → Gravel)+16.3%
  • 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.