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Christian County, IL · Sold

IL-359631

5885 County Road 389

$2,938,100
$4,570/ac · 643 ac
Acreage643 ac
Price per acre$4,570/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJun 3, 2025
Coordinates39.6304, -89.2528
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

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

View Christian market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,482 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area496.59 of 642.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,684,839
$3,976,549$5,393,130 · $7,286/ac on 643 ac
Asking vs estimate
-37.3%
Priced below the comp set

Weighted from 9 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 $2,938,100
Maximum allowable offer
$2,677,051
$4,164/ac · +30.0% target margin

You need $261,049 off asking to hit this margin.

All-in cost$2,904,600
Net resale$4,310,052
Projected profit$1,405,452
ROI+48.4%
Annualized+69.2%
Break-even resale$4,910/ac
Profit if resale lands off target
-20%
$543,442
-10%
$974,447
0%
$1,405,452
+10%
$1,836,457
+20%
$2,267,462
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-399942
Gravel · Off grid
805.4Jul 27, 2026$4,378,9005,4378,3816.2 mi
84
IL-939218
Dirt · Full utilities
476.7Aug 21, 2025$3,633,3007,6228,4284.6 mi
76
IL-429580
Gravel · Off grid
619.6May 9, 2024$3,174,3005,1237,9634.8 mi
75
IL-259901
Paved · Power at road
781.9May 25, 2025$3,399,6004,3485,0194.2 mi
74
IL-369708
Gravel · Off grid
679.9Nov 23, 2023$3,158,4004,6467,5615.4 mi
73
IL-209312
Dirt · Off grid
510.3Jun 18, 2025$2,455,7004,8127,85110.9 mi
70
IL-418202
Landlocked · Power at road
228.3Jun 27, 2026$1,283,5005,6217,4659.8 mi
67
IL-999249
Landlocked · Power at road
487.5Apr 21, 2024$1,760,5003,6116,5377.7 mi
66
IL-898828
Paved · Power at road
359.4Nov 15, 2024$2,312,1006,4345,9946.4 mi
65
Show adjustment detail for the top comp
  • Tract size (805.44 ac → 642.96 ac)+7.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.