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McLean County, IL · Sold

IL-240667

4497 County Road 371

$8,100
$8,351/ac · 0.97 ac
Acreage0.97 ac
Price per acre$8,351/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 28, 2025
Coordinates40.5740, -88.9376
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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

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

View McLean market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

179 ft of deeded road frontage.

Power186 ft away

Power at or near the road.

Buildable area0.53 of 0.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,676
$5,939$7,413 · $6,883/ac on 0.97 ac
Asking vs estimate
+21.3%
Priced above 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 $8,100
Maximum allowable offer
$3,815
$3,933/ac · +30.0% target margin

You need $4,285 off asking to hit this margin.

All-in cost$4,139
Net resale$6,142
Projected profit$2,003
ROI+48.4%
Annualized+69.3%
Break-even resale$4,638/ac
Profit if resale lands off target
-20%
$774
-10%
$1,389
0%
$2,003
+10%
$2,617
+20%
$3,231
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-491123
Dirt · Full utilities
1.4Jul 27, 2026$11,6008,6227,1117.4 mi
86
IL-871838
Dirt · Power at road
2.3Jan 28, 2026$12,7005,6035,8079.0 mi
75
IL-261614
Dirt · Full utilities
1.9Apr 11, 2026$18,5009,5898,05312.1 mi
70
IL-501946
Gravel · Power at road
2.5Apr 2, 2026$18,4007,4966,6468.5 mi
68
IL-112017
Paved · Power at road
2.6Jan 26, 2026$25,6009,8767,4865.5 mi
68
IL-541369
Gravel · Off grid
1.6Jul 26, 2024$9,0005,5676,1605.8 mi
64
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%

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.