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Lee County, IL · Sold

IL-554296

6482 County Road 284

$145,400
$10,786/ac · 13.48 ac
Acreage13.48 ac
Price per acre$10,786/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 19, 2025
Coordinates41.7641, -89.3270
Loading terrain…
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
18
Low risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

372 ft of deeded road frontage.

Power2,812 ft away

Service extension needed; get a utility quote.

Buildable area10.83 of 13.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$113,441
$89,201$137,680 · $8,415/ac on 13.48 ac
Asking vs estimate
+28.2%
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 $145,400
Maximum allowable offer
$64,823
$4,809/ac · +30.0% target margin

You need $80,577 off asking to hit this margin.

All-in cost$70,333
Net resale$104,366
Projected profit$34,033
ROI+48.4%
Annualized+69.3%
Break-even resale$5,671/ac
Profit if resale lands off target
-20%
$13,160
-10%
$23,596
0%
$34,033
+10%
$44,469
+20%
$54,906
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-104807
Dirt · Full utilities
19.5Jul 27, 2026$168,7008,6416,2902.9 mi
88
IL-284144
Gravel · Off grid
12.1Jul 27, 2026$128,30010,6179,0567.2 mi
85
IL-684025
Gravel · Power at road
11.1Jul 27, 2026$175,30015,81811,3805.7 mi
82
IL-743512
Paved · Power at road
7.6Oct 22, 2025$93,10012,1897,4572.0 mi
72
IL-415610
Landlocked · Power at road
34.9Mar 21, 2025$207,8005,9507,7007.6 mi
60
Show adjustment detail for the top comp
  • Tract size (19.52 ac → 13.48 ac)+4.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.