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Fayette County, IL · Sold

IL-988716

775 County Road 290

$1,108,900
$3,346/ac · 331 ac
Acreage331 ac
Price per acre$3,346/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 2, 2025
Coordinates38.9718, -88.9189
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

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

View Fayette market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands7.3% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,398 ft away

Service extension needed; get a utility quote.

Buildable area291.82 of 331.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,225,537
$1,064,089$1,386,986 · $3,698/ac on 331 ac
Asking vs estimate
-9.5%
Priced below the comp set

Weighted from 6 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 $1,108,900
Maximum allowable offer
$700,307
$2,113/ac · +30.0% target margin

You need $408,593 off asking to hit this margin.

All-in cost$759,833
Net resale$1,127,494
Projected profit$367,661
ROI+48.4%
Annualized+69.2%
Break-even resale$2,492/ac
Profit if resale lands off target
-20%
$142,162
-10%
$254,912
0%
$367,661
+10%
$480,411
+20%
$593,160
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-198649
Paved · Power at road
315.7Jun 9, 2026$2,332,7007,3903,5963.8 mi
89
IL-478520
Landlocked · Power at road
287.5Jan 11, 2026$1,214,0004,2233,5293.0 mi
87
IL-607928
Paved · Power at road
187.2Jul 27, 2026$1,629,1008,7003,6292.9 mi
78
IL-568542
Gravel · Power at road
292.1Apr 23, 2025$2,123,6007,2704,2737.6 mi
73
IL-449445
Dirt · Power at road
561.9Apr 23, 2025$1,926,7003,4292,8484.7 mi
68
IL-269808
Gravel · Full utilities
730.9Sep 29, 2025$5,164,1007,0654,4059.5 mi
64
Show adjustment detail for the top comp
  • Tract size (315.67 ac → 331.37 ac)-1.4%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.8%

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.