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Fayette County, IL · Sold

IL-453821

2058 County Road 332

$196,400
$20,544/ac · 9.56 ac
Acreage9.56 ac
Price per acre$20,544/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedJul 15, 2024
Coordinates38.9860, -88.9484
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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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands16.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

710 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area7.63 of 9.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$159,743
$124,177$195,309 · $16,710/ac on 9.56 ac
Asking vs estimate
+22.9%
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 $196,400
Maximum allowable offer
$91,282
$9,548/ac · +30.0% target margin

You need $105,118 off asking to hit this margin.

All-in cost$99,041
Net resale$146,964
Projected profit$47,923
ROI+48.4%
Annualized+69.2%
Break-even resale$11,261/ac
Profit if resale lands off target
-20%
$18,530
-10%
$33,226
0%
$47,923
+10%
$62,619
+20%
$77,315
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-653315
Paved · Power at road
6.6Jan 8, 2026$96,40014,56017,7673.1 mi
78
IL-103161
Dirt · Full utilities
5.9Jul 27, 2026$50,5008,53211,3757.5 mi
78
IL-173784
Gravel · Off grid
9.3Mar 23, 2025$107,00011,50920,5943.7 mi
77
IL-784672
Dirt · Power at road
17.7Jul 27, 2026$152,0008,58815,2963.1 mi
77
IL-303920
Gravel · Off grid
10.3Aug 3, 2025$69,8006,80012,0856.9 mi
76
IL-444942
Paved · Off grid
21.5Oct 16, 2025$259,20012,04019,4633.0 mi
75
IL-304411
Dirt · Full utilities
14.7May 8, 2025$145,6009,93914,9345.9 mi
71
IL-344420
Dirt · Off grid
14.8Dec 6, 2025$97,5006,60713,9288.4 mi
71
IL-653972
Dirt · Power at road
10.7Mar 31, 2024$107,50010,08718,7358.5 mi
69
IL-603114
Landlocked · Off grid
5.7Aug 31, 2024$52,4009,14023,8484.7 mi
65
Show adjustment detail for the top comp
  • Tract size (6.62 ac → 9.56 ac)-2.4%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (7 mo)+2.5%

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.