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McLean County, IL · Sold

IL-871838

235 County Road 350

$13,900
$6,123/ac · 2.27 ac
Acreage2.27 ac
Price per acre$6,123/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 8, 2025
Coordinates40.5062, -88.7906
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

192 ft of deeded road frontage.

Power47 ft away

Power at or near the road.

Buildable area2.11 of 2.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,759
$14,216 – $19,302 · $7,383/ac on 2.27 ac
Asking vs estimate
-17.1%
Priced below the comp set

Weighted from 10 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 $13,900
Maximum allowable offer
$9,576
$4,219/ac · +30.0% target margin

You need $4,324 off asking to hit this margin.

All-in cost$10,390
Net resale$15,418
Projected profit$5,028
ROI+48.4%
Annualized+69.3%
Break-even resale$4,975/ac
Profit if resale lands off target
-20%
$1,945
-10%
$3,486
0%
$5,028
+10%
$6,570
+20%
$8,112
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-261614
Dirt · Full utilities
1.9Apr 11, 2026$18,5009,5897,9913.1 mi
83
IL-501946
Gravel · Power at road
2.5Apr 2, 2026$18,4007,4966,5957.9 mi
80
IL-491123
Dirt · Full utilities
1.4Jul 27, 2026$11,6008,6227,0579.0 mi
80
IL-112017
Paved · Power at road
2.6Jan 26, 2026$25,6009,8767,4284.6 mi
80
IL-653347
Dirt · Full utilities
6.8Jul 20, 2026$55,4008,1767,0487.3 mi
75
IL-983318
Landlocked · Off grid
6.6Jul 27, 2026$27,8004,1816,5295.2 mi
74
IL-423151
Dirt · Off grid
5.9Jul 27, 2026$31,6005,3786,5965.5 mi
73
IL-240667
Dirt · Power at road
1.0Aug 4, 2025$8,1008,3098,6019.0 mi
71
IL-541369
Gravel · Off grid
1.6Jul 26, 2024$9,0005,5676,1115.0 mi
68
IL-643285
Gravel · Off grid
6.5Aug 28, 2025$60,6009,34910,2915.5 mi
62
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (6 mo)+2.0%

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.