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Champaign County, IL · Sold

IL-643003

7714 County Road 240

$30,400
$5,758/ac · 5.28 ac
Acreage5.28 ac
Price per acre$5,758/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedApr 27, 2026
Coordinates40.2205, -88.1970
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

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

View Champaign market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope20.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

545 ft of deeded road frontage.

Power22 ft away

Power at or near the road.

Buildable area2.99 of 5.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,430
$31,994$44,866 · $7,278/ac on 5.28 ac
Asking vs estimate
-20.9%
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 $30,400
Maximum allowable offer
$21,960
$4,159/ac · +30.0% target margin

You need $8,440 off asking to hit this margin.

All-in cost$23,827
Net resale$35,355
Projected profit$11,529
ROI+48.4%
Annualized+69.2%
Break-even resale$4,905/ac
Profit if resale lands off target
-20%
$4,458
-10%
$7,993
0%
$11,529
+10%
$15,064
+20%
$18,600
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-243439
Dirt · Full utilities
7.3Jul 27, 2026$36,8005,0784,9365.8 mi
80
IL-612332
Paved · Full utilities
3.3Jul 27, 2026$33,00010,1446,9296.3 mi
77
IL-790604
Gravel · Power at road
0.9Jun 7, 2026$8,4009,0028,70012.2 mi
69
IL-684372
Landlocked · Off grid
14.2May 13, 2026$52,9003,7166,9876.4 mi
68
IL-371018
Paved · Off grid
1.3Jul 27, 2026$9,7007,7367,4363.9 mi
68
IL-695870
Gravel · Power at road
42.2Sep 11, 2025$226,3005,3677,0117.1 mi
60
IL-495658
Gravel · Off grid
36.2Jul 19, 2024$157,3004,3506,8047.4 mi
57
IL-595839
Paved · Power at road
41.2Sep 15, 2025$348,7008,4589,3206.2 mi
57
IL-325939
Dirt · Off grid
44.3Aug 17, 2025$168,3003,7986,8714.1 mi
57
IL-855516
Dirt · Power at road
32.6Mar 2, 2025$190,4005,8358,6529.1 mi
54
Show adjustment detail for the top comp
  • Tract size (7.25 ac → 5.28 ac)+1.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.