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Iroquois County, IL · Sold

IL-159389

3149 County Road 327

$1,560,000
$2,891/ac · 540 ac
Acreage540 ac
Price per acre$2,891/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJul 12, 2024
Coordinates40.7820, -87.7852
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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

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

View Iroquois market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,144 ft away

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

Buildable area417.76 of 539.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,459,223
$1,090,077$1,828,369 · $2,704/ac on 540 ac
Asking vs estimate
+6.9%
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 $1,560,000
Maximum allowable offer
$833,842
$1,545/ac · +30.0% target margin

You need $726,158 off asking to hit this margin.

All-in cost$904,719
Net resale$1,342,485
Projected profit$437,766
ROI+48.4%
Annualized+69.2%
Break-even resale$1,823/ac
Profit if resale lands off target
-20%
$169,269
-10%
$303,518
0%
$437,766
+10%
$572,015
+20%
$706,263
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-859473
Dirt · Power at road
573.4Jul 27, 2026$1,051,3001,8331,5913.9 mi
88
IL-528986
Dirt · Power at road
403.0Feb 8, 2025$1,533,8003,8063,1529.3 mi
70
IL-858738
Dirt · Power at road
336.7May 9, 2024$1,411,7004,1933,3909.0 mi
66
IL-177858
Gravel · Off grid
178.0Sep 20, 2024$803,1004,5123,0364.5 mi
60
IL-157204
Dirt · Power at road
110.8May 1, 2025$528,5004,7692,7335.1 mi
59
Show adjustment detail for the top comp
  • Tract size (573.43 ac → 539.57 ac)+1.9%
  • 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.