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McLean County, IL · Sold

IL-112017

8042 County Road 299

$26,700
$10,309/ac · 2.59 ac
Acreage2.59 ac
Price per acre$10,309/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedDec 13, 2024
Coordinates40.5649, -88.8332
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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power193 ft away

Power at or near the road.

Buildable area2.13 of 2.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,386
$20,964$29,809 · $9,802/ac on 2.59 ac
Asking vs estimate
+5.2%
Priced above 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 $26,700
Maximum allowable offer
$14,506
$5,601/ac · +30.0% target margin

You need $12,194 off asking to hit this margin.

All-in cost$15,739
Net resale$23,355
Projected profit$7,616
ROI+48.4%
Annualized+69.3%
Break-even resale$6,605/ac
Profit if resale lands off target
-20%
$2,945
-10%
$5,281
0%
$7,616
+10%
$9,952
+20%
$12,287
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-501946
Gravel · Power at road
2.5Apr 2, 2026$18,4007,4968,9719.1 mi
81
IL-871838
Dirt · Power at road
2.3Jan 28, 2026$12,7005,6037,8394.6 mi
81
IL-261614
Dirt · Full utilities
1.9Apr 11, 2026$18,5009,58910,8707.6 mi
76
IL-423151
Dirt · Off grid
5.9Jul 27, 2026$31,6005,3788,9724.3 mi
73
IL-653347
Dirt · Full utilities
6.8Jul 20, 2026$55,4008,1769,5873.0 mi
73
IL-491123
Dirt · Full utilities
1.4Jul 27, 2026$11,6008,6229,5999.2 mi
73
IL-983318
Landlocked · Off grid
6.6Jul 27, 2026$27,8004,1818,8813.8 mi
72
IL-643285
Gravel · Off grid
6.5Aug 28, 2025$60,6009,34914,00110.1 mi
66
IL-541369
Gravel · Off grid
1.6Jul 26, 2024$9,0005,5678,3165.3 mi
65
IL-240667
Dirt · Power at road
1.0Aug 4, 2025$8,1008,30911,7025.5 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Market time (4 mo)+1.6%

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.