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Fayette County, IL · Sold

IL-356600

5704 County Road 284

$704,500
$9,846/ac · 71.55 ac
Acreage71.55 ac
Price per acre$9,846/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 8, 2023
Coordinates38.9190, -88.9812
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands24.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,183 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area51.32 of 71.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$640,105
$557,733$722,477 · $8,946/ac on 71.55 ac
Asking vs estimate
+10.1%
Priced above 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 $704,500
Maximum allowable offer
$365,774
$5,112/ac · +30.0% target margin

You need $338,726 off asking to hit this margin.

All-in cost$396,865
Net resale$588,897
Projected profit$192,032
ROI+48.4%
Annualized+69.2%
Break-even resale$6,029/ac
Profit if resale lands off target
-20%
$74,252
-10%
$133,142
0%
$192,032
+10%
$250,921
+20%
$309,811
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-198649
Paved · Power at road
315.7Jun 9, 2026$2,332,7007,3909,3401.8 mi
74
IL-607928
Paved · Power at road
187.2Jul 27, 2026$1,629,1008,7009,4267.1 mi
72
IL-478520
Landlocked · Power at road
287.5Jan 11, 2026$1,214,0004,2239,1662.0 mi
72
IL-784672
Dirt · Power at road
17.7Jul 27, 2026$152,0008,5887,8587.1 mi
68
IL-444942
Paved · Off grid
21.5Oct 16, 2025$259,20012,0409,9992.1 mi
65
IL-568542
Gravel · Power at road
292.1Apr 23, 2025$2,123,6007,27011,0993.3 mi
64
IL-988716
Landlocked · Off grid
331.4May 19, 2025$1,020,2003,0798,4135.0 mi
62
IL-344420
Dirt · Off grid
14.8Dec 6, 2025$97,5006,6077,15610.3 mi
62
IL-304411
Dirt · Full utilities
14.7May 8, 2025$145,6009,9397,67210.5 mi
54
Show adjustment detail for the top comp
  • Tract size (315.67 ac → 71.55 ac)+48.0%
  • Access (Paved → Gravel)-15.3%
  • 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.