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Lee County, IL · Sold

IL-538927

1294 County Road 319

$1,694,400
$4,389/ac · 386 ac
Acreage386 ac
Price per acre$4,389/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJun 29, 2025
Coordinates41.7207, -89.2592
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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

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

View Lee market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands24.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,830 ft of deeded road frontage.

Power12,528 ft away

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

Buildable area275.83 of 386.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,828,470
$1,529,154$2,127,786 · $4,736/ac on 386 ac
Asking vs estimate
-7.3%
Priced below the comp set

Weighted from 3 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 $1,694,400
Maximum allowable offer
$1,044,840
$2,706/ac · +30.0% target margin

You need $649,560 off asking to hit this margin.

All-in cost$1,133,651
Net resale$1,682,192
Projected profit$548,541
ROI+48.4%
Annualized+69.2%
Break-even resale$3,191/ac
Profit if resale lands off target
-20%
$212,102
-10%
$380,322
0%
$548,541
+10%
$716,760
+20%
$884,979
Comparable sales3 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-698033
Dirt · Power at road
202.0Jun 30, 2026$1,295,7006,4134,5461.1 mi
84
IL-269805
Gravel · Power at road
729.3Jan 5, 2025$4,425,6006,0685,7411.8 mi
67
IL-415610
Landlocked · Power at road
34.9Mar 21, 2025$207,8005,9503,7386.9 mi
51
Show adjustment detail for the top comp
  • Tract size (202.04 ac → 386.1 ac)-17.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.5%

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.