← New search
McLean County, IL · Sold

IL-357184

9506 County Road 309

$467,800
$4,283/ac · 109 ac
Acreage109 ac
Price per acre$4,283/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedOct 18, 2024
Coordinates40.4129, -88.9542
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

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

View McLean market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,845 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area91.63 of 109.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$591,443
$486,018$696,867 · $5,415/ac on 109 ac
Asking vs estimate
-20.9%
Priced below the comp set

Weighted from 8 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 $467,800
Maximum allowable offer
$337,967
$3,094/ac · +30.0% target margin

You need $129,833 off asking to hit this margin.

All-in cost$366,694
Net resale$544,127
Projected profit$177,433
ROI+48.4%
Annualized+69.2%
Break-even resale$3,649/ac
Profit if resale lands off target
-20%
$68,608
-10%
$123,020
0%
$177,433
+10%
$231,846
+20%
$286,258
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-567770
Landlocked · Full utilities
167.0Jul 27, 2026$496,7002,9744,89812.3 mi
81
IL-716675
Dirt · Full utilities
75.5Apr 7, 2026$341,0004,5144,87611.9 mi
79
IL-577437
Landlocked · Off grid
131.2Jul 27, 2026$364,4002,7776,15712.6 mi
78
IL-167735
Gravel · Power at road
162.8Jan 16, 2025$417,2002,5633,70011.6 mi
72
IL-266658
Gravel · Off grid
74.6Dec 10, 2023$291,2003,9035,6887.5 mi
66
IL-808494
Gravel · Power at road
282.1Nov 10, 2025$1,251,0004,4347,22811.4 mi
64
IL-177881
Paved · Off grid
181.0Oct 11, 2024$694,3003,8365,74311.2 mi
62
IL-335955
Landlocked · Off grid
44.8Mar 16, 2025$129,8002,8945,30612.5 mi
59
Show adjustment detail for the top comp
  • Tract size (166.99 ac → 109.23 ac)+11.7%
  • Access (Landlocked → Gravel)+47.1%

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.