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Christian County, IL · Sold

IL-209312

9846 County Road 362

$2,424,200
$4,751/ac · 510 ac
Acreage510 ac
Price per acre$4,751/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMay 26, 2024
Coordinates39.4727, -89.2357
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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

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
13
Low risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,598 ft of deeded road frontage.

Power2,210 ft away

Service extension needed; get a utility quote.

Buildable area431.46 of 510.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,265,799
$1,800,604$2,730,995 · $4,440/ac on 510 ac
Asking vs estimate
+7.0%
Priced above 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 $2,424,200
Maximum allowable offer
$1,294,742
$2,537/ac · +30.0% target margin

You need $1,129,458 off asking to hit this margin.

All-in cost$1,404,795
Net resale$2,084,535
Projected profit$679,740
ROI+48.4%
Annualized+69.2%
Break-even resale$2,992/ac
Profit if resale lands off target
-20%
$262,833
-10%
$471,287
0%
$679,740
+10%
$888,194
+20%
$1,096,647
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-939218
Dirt · Full utilities
476.7Aug 21, 2025$3,633,3007,6225,4179.3 mi
78
IL-399942
Gravel · Off grid
805.4Jul 27, 2026$4,378,9005,4375,3879.8 mi
77
IL-359631
Gravel · Full utilities
643.0Apr 15, 2026$2,565,0003,9892,60010.9 mi
76
IL-418202
Landlocked · Power at road
228.3Jun 27, 2026$1,283,5005,6214,7999.3 mi
74
IL-999249
Landlocked · Power at road
487.5Apr 21, 2024$1,760,5003,6114,2023.6 mi
73
IL-429580
Gravel · Off grid
619.6May 9, 2024$3,174,3005,1235,1197.7 mi
70
IL-369708
Gravel · Off grid
679.9Nov 23, 2023$3,158,4004,6464,86012.6 mi
69
IL-898828
Paved · Power at road
359.4Nov 15, 2024$2,312,1006,4343,8538.8 mi
67
IL-259901
Paved · Power at road
781.9May 25, 2025$3,399,6004,3483,22612.2 mi
65
IL-637658
Dirt · Power at road
154.0Sep 2, 2024$1,146,2007,4444,8507.5 mi
58
Show adjustment detail for the top comp
  • Tract size (476.71 ac → 510.3 ac)-2.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (12 mo)+4.1%

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.