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McLean County, IL · Sold

IL-541369

3151 County Road 129

$10,100
$6,235/ac · 1.62 ac
Acreage1.62 ac
Price per acre$6,235/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 23, 2024
Coordinates40.4997, -88.8852
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

311 ft of deeded road frontage.

Power11,464 ft away

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

Buildable area1.50 of 1.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,562
$10,111$13,013 · $7,137/ac on 1.62 ac
Asking vs estimate
-12.6%
Priced below the comp set

Weighted from 6 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 $10,100
Maximum allowable offer
$6,607
$4,078/ac · +30.0% target margin

You need $3,493 off asking to hit this margin.

All-in cost$7,169
Net resale$10,637
Projected profit$3,469
ROI+48.4%
Annualized+69.3%
Break-even resale$4,810/ac
Profit if resale lands off target
-20%
$1,341
-10%
$2,405
0%
$3,469
+10%
$4,532
+20%
$5,596
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-491123
Dirt · Full utilities
1.4Jul 27, 2026$11,6008,6226,9824.3 mi
83
IL-501946
Gravel · Power at road
2.5Apr 2, 2026$18,4007,4966,5253.9 mi
79
IL-261614
Dirt · Full utilities
1.9Apr 11, 2026$18,5009,5897,9067.4 mi
78
IL-871838
Dirt · Power at road
2.3Jan 28, 2026$12,7005,6035,7025.0 mi
76
IL-112017
Paved · Power at road
2.6Jan 26, 2026$25,6009,8767,3505.3 mi
73
IL-240667
Dirt · Power at road
1.0Aug 4, 2025$8,1008,3098,5115.8 mi
69
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • 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.