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Fayette County, IL · Sold

IL-173784

1548 County Road 51

$114,600
$12,323/ac · 9.30 ac
Acreage9.30 ac
Price per acre$12,323/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 5, 2024
Coordinates39.0368, -88.9284
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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

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

View Fayette market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

767 ft of deeded road frontage.

Power14,040 ft away

A long utility run — price in solar/off-grid instead.

Buildable area8.33 of 9.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$91,095
$71,057$111,132 · $9,795/ac on 9.30 ac
Asking vs estimate
+25.8%
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 $114,600
Maximum allowable offer
$52,054
$5,597/ac · +30.0% target margin

You need $62,546 off asking to hit this margin.

All-in cost$56,479
Net resale$83,807
Projected profit$27,328
ROI+48.4%
Annualized+69.2%
Break-even resale$6,601/ac
Profit if resale lands off target
-20%
$10,567
-10%
$18,948
0%
$27,328
+10%
$35,709
+20%
$44,090
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-784672
Dirt · Power at road
17.7Jul 27, 2026$152,0008,5889,0513.0 mi
81
IL-303920
Gravel · Off grid
10.3Aug 3, 2025$69,8006,8007,1515.7 mi
80
IL-653315
Paved · Power at road
6.6Jan 8, 2026$96,40014,56010,5131.4 mi
77
IL-103161
Dirt · Full utilities
5.9Jul 27, 2026$50,5008,5326,7317.0 mi
77
IL-453821
Paved · Full utilities
9.6Nov 11, 2024$170,50017,83211,3313.7 mi
76
IL-603114
Landlocked · Off grid
5.7Aug 31, 2024$52,4009,14014,1114.8 mi
72
IL-344420
Dirt · Off grid
14.8Dec 6, 2025$97,5006,6078,2418.4 mi
72
IL-304411
Dirt · Full utilities
14.7May 8, 2025$145,6009,9398,8363.0 mi
70
IL-653972
Dirt · Power at road
10.7Mar 31, 2024$107,50010,08711,0867.8 mi
68
IL-444942
Paved · Off grid
21.5Oct 16, 2025$259,20012,04011,5166.6 mi
67
Show adjustment detail for the top comp
  • Tract size (17.7 ac → 9.3 ac)+6.4%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.