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Livingston County, IL · Sold

IL-209134

2427 County Road 294

$1,162,200
$2,591/ac · 449 ac
Acreage449 ac
Price per acre$2,591/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 7, 2025
Coordinates40.9784, -88.5296
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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

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

View Livingston market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands33.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,797 ft of deeded road frontage.

Power5,360 ft away

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

Buildable area285.08 of 448.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,272,140
$960,240$1,584,040 · $2,836/ac on 449 ac
Asking vs estimate
-8.6%
Priced below 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 $1,162,200
Maximum allowable offer
$726,937
$1,621/ac · +30.0% target margin

You need $435,263 off asking to hit this margin.

All-in cost$788,727
Net resale$1,170,369
Projected profit$381,642
ROI+48.4%
Annualized+69.2%
Break-even resale$1,911/ac
Profit if resale lands off target
-20%
$147,568
-10%
$264,605
0%
$381,642
+10%
$498,679
+20%
$615,716
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-408545
Paved · Power at road
292.8Jul 27, 2026$1,129,3003,8572,11110.8 mi
79
IL-289133
Paved · Power at road
448.2May 18, 2024$1,304,3002,9101,9721.1 mi
77
IL-389456
Paved · Power at road
566.4Aug 8, 2025$2,842,3005,0183,4785.8 mi
73
IL-636490
Dirt · Off grid
66.1Jul 27, 2026$356,3005,3933,2334.9 mi
69
IL-548613
Gravel · Power at road
307.6May 19, 2024$1,536,8004,9973,5744.4 mi
67
Show adjustment detail for the top comp
  • Tract size (292.76 ac → 448.56 ac)-11.8%
  • Access (Paved → Dirt)-27.1%
  • 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.