McLean County, IL · Sold

IL-808494

5272 County Road 282

$1,261,100

$4,470/ac · 282 ac

Offer report Market this tract

Acreage282 ac

Price per acre$4,470/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedOct 1, 2024

Coordinates40.5155, -88.7833

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power103 ft away

Power at or near the road.

Buildable area244.45 of 282.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$878,101

$714,838 – $1,041,364 · $3,112/ac on 282 ac

Asking vs estimate

+43.6%

Priced above 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 $1,261,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$501,772

$1,778/ac · +30.0% target margin

You need $759,328 off asking to hit this margin.

All-in cost$544,423

Net resale$807,853

Projected profit$263,430

ROI+48.4%

Annualized+69.2%

Break-even resale$2,097/ac

Profit if resale lands off target

-20%

$101,860

-10%

$182,645

$263,430

+10%

$344,216

+20%

$425,001

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-149487 Gravel · Full utilities	579.3	Feb 28, 2026	$1,453,100	2,508	2,596	1.1 mi	76
IL-577437 Landlocked · Off grid	131.2	Jul 27, 2026	$364,400	2,777	3,897	4.1 mi	75
IL-567770 Landlocked · Full utilities	167.0	Jul 27, 2026	$496,700	2,974	3,101	9.0 mi	74
IL-167735 Gravel · Power at road	162.8	Jan 16, 2025	$417,200	2,563	2,342	1.0 mi	73
IL-177881 Paved · Off grid	181.0	Oct 11, 2024	$694,300	3,836	3,636	2.0 mi	69
IL-719275 Landlocked · Power at road	496.8	Oct 21, 2024	$971,500	1,956	3,660	7.0 mi	66
IL-357184 Gravel · Full utilities	109.2	Oct 31, 2025	$431,300	3,949	2,583	11.4 mi	64

Show adjustment detail for the top comp

Tract size (579.27 ac → 282.15 ac)+23.9%
Utilities (Full utilities → Power at road)-18.0%
Market time (6 mo)+1.9%

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.

Build the listing kit Post a deal or JV