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Fulton County, IL · Sold

IL-940662

7694 County Road 231

$13,500
$13,918/ac · 0.97 ac
Acreage0.97 ac
Price per acre$13,918/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedAug 30, 2024
Coordinates40.4343, -90.1427
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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

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

View Fulton market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.84 of 0.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,321
$10,138$14,505 · $12,702/ac on 0.97 ac
Asking vs estimate
+9.6%
Priced above 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 $13,500
Maximum allowable offer
$7,041
$7,259/ac · +30.0% target margin

You need $6,459 off asking to hit this margin.

All-in cost$7,639
Net resale$11,336
Projected profit$3,696
ROI+48.4%
Annualized+69.2%
Break-even resale$8,561/ac
Profit if resale lands off target
-20%
$1,429
-10%
$2,563
0%
$3,696
+10%
$4,830
+20%
$5,963
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-480628
Gravel · Full utilities
0.9Apr 12, 2026$14,40015,10615,3203.8 mi
88
IL-680647
Gravel · Power at road
1.0Mar 30, 2026$8,5008,87711,0016.4 mi
85
IL-190837
Dirt · Off grid
1.1Mar 22, 2026$6,9006,27810,6685.4 mi
80
IL-911501
Paved · Full utilities
1.8Oct 28, 2025$25,30014,23212,5690.9 mi
79
IL-780818
Gravel · Full utilities
1.1Jul 2, 2024$15,80014,53215,8473.2 mi
77
IL-282104
Dirt · Power at road
2.8Dec 19, 2024$17,8006,47810,0067.7 mi
58
Show adjustment detail for the top comp
  • Market time (4 mo)+1.4%

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.