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Fayette County, IL · Sold

IL-269808

115 County Road 142

$4,984,700
$6,820/ac · 731 ac
Acreage731 ac
Price per acre$6,820/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedOct 10, 2024
Coordinates39.0627, -89.0506
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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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,417 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area679.80 of 730.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,232,211
$3,661,515$4,802,907 · $5,790/ac on 731 ac
Asking vs estimate
+17.8%
Priced above the comp set

Weighted from 5 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 $4,984,700
Maximum allowable offer
$2,418,406
$3,309/ac · +30.0% target margin

You need $2,566,294 off asking to hit this margin.

All-in cost$2,623,971
Net resale$3,893,634
Projected profit$1,269,664
ROI+48.4%
Annualized+69.2%
Break-even resale$3,902/ac
Profit if resale lands off target
-20%
$490,937
-10%
$880,300
0%
$1,269,664
+10%
$1,659,027
+20%
$2,048,391
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-449445
Dirt · Power at road
561.9Apr 23, 2025$1,926,7003,4294,7364.9 mi
72
IL-198649
Paved · Power at road
315.7Jun 9, 2026$2,332,7007,3905,9818.9 mi
70
IL-478520
Landlocked · Power at road
287.5Jan 11, 2026$1,214,0004,2235,8709.5 mi
64
IL-568542
Gravel · Power at road
292.1Apr 23, 2025$2,123,6007,2707,10810.0 mi
62
IL-988716
Landlocked · Off grid
331.4May 19, 2025$1,020,2003,0795,3889.5 mi
62
Show adjustment detail for the top comp
  • Tract size (561.91 ac → 730.93 ac)-7.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (16 mo)+5.5%

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.