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McLean County, IL · Sold

IL-716675

2937 County Road 268

$319,000
$4,223/ac · 75.54 ac
Acreage75.54 ac
Price per acre$4,223/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedFeb 13, 2026
Coordinates40.4619, -88.7366
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
28
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope29.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,291 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area42.97 of 75.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$360,281
$299,790$420,771 · $4,769/ac on 75.54 ac
Asking vs estimate
-11.5%
Priced below the comp set

Weighted from 7 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 $319,000
Maximum allowable offer
$205,875
$2,725/ac · +30.0% target margin

You need $113,125 off asking to hit this margin.

All-in cost$223,374
Net resale$331,458
Projected profit$108,084
ROI+48.4%
Annualized+69.2%
Break-even resale$3,214/ac
Profit if resale lands off target
-20%
$41,792
-10%
$74,938
0%
$108,084
+10%
$141,230
+20%
$174,376
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-577437
Landlocked · Off grid
131.2Jul 27, 2026$364,4002,7775,7850.9 mi
79
IL-357184
Gravel · Full utilities
109.2Oct 31, 2025$431,3003,9493,83411.9 mi
75
IL-567770
Landlocked · Full utilities
167.0Jul 27, 2026$496,7002,9744,60313.3 mi
75
IL-266658
Gravel · Off grid
74.6Dec 10, 2023$291,2003,9035,34610.2 mi
69
IL-167735
Gravel · Power at road
162.8Jan 16, 2025$417,2002,5633,4773.4 mi
69
IL-335955
Landlocked · Off grid
44.8Mar 16, 2025$129,8002,8944,98713.3 mi
62
IL-177881
Paved · Off grid
181.0Oct 11, 2024$694,3003,8365,3976.4 mi
60
Show adjustment detail for the top comp
  • Tract size (131.2 ac → 75.54 ac)+14.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.