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Champaign County, IL · Sold

IL-787831

3968 County Road 116

$790,600
$4,530/ac · 175 ac
Acreage175 ac
Price per acre$4,530/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJan 3, 2025
Coordinates40.2046, -88.2528
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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

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

View Champaign market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
29
Low risk
Wetlands12.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,312 ft away

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

Buildable area144.59 of 174.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$579,657
$458,891$700,423 · $3,321/ac on 175 ac
Asking vs estimate
+36.4%
Priced above the comp set

Weighted from 8 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 $790,600
Maximum allowable offer
$331,233
$1,898/ac · +30.0% target margin

You need $459,367 off asking to hit this margin.

All-in cost$359,388
Net resale$533,284
Projected profit$173,897
ROI+48.4%
Annualized+69.2%
Break-even resale$2,238/ac
Profit if resale lands off target
-20%
$67,240
-10%
$120,568
0%
$173,897
+10%
$227,225
+20%
$280,554
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-228339
Gravel · Full utilities
252.2Jul 27, 2026$933,0003,7002,8638.3 mi
80
IL-318687
Landlocked · Power at road
324.5Jul 27, 2026$714,0002,2013,2873.0 mi
77
IL-318890
Dirt · Power at road
375.9Jul 27, 2026$973,0002,5883,1931.0 mi
76
IL-486688
Gravel · Off grid
76.3Dec 1, 2024$256,7003,3662,9252.1 mi
69
IL-608765
Dirt · Off grid
343.4May 7, 2025$595,4001,7342,5765.8 mi
67
IL-358820
Dirt · Off grid
357.3May 30, 2025$943,9002,6423,9608.9 mi
66
IL-529397
Dirt · Power at road
542.7Jan 10, 2024$1,763,3003,2494,9522.6 mi
63
IL-879116
Dirt · Full utilities
442.8Jun 8, 2024$1,150,6002,5993,0067.8 mi
57
Show adjustment detail for the top comp
  • Tract size (252.18 ac → 174.54 ac)+10.8%
  • Utilities (Full utilities → Off grid)-30.3%

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.