McLean County, IL · Sold

IL-177881

924 County Road 146

$752,200

$4,156/ac · 181 ac

Offer report Market this tract

Acreage181 ac

Price per acre$4,156/ac

ZoningResidential

Road accessPaved

UtilitiesOff grid

TopographyRolling

ListedDec 21, 2023

Coordinates40.5349, -88.8125

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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

Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,122 ft of deeded road frontage.

Power4,562 ft away

Service extension needed; get a utility quote.

Buildable area157.48 of 180.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$673,823

$531,496 – $816,149 · $3,723/ac on 181 ac

Asking vs estimate

+11.6%

Priced above the comp set

Weighted from 9 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 $752,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$385,041

$2,128/ac · +30.0% target margin

You need $367,159 off asking to hit this margin.

All-in cost$417,769

Net resale$619,917

Projected profit$202,147

ROI+48.4%

Annualized+69.3%

Break-even resale$2,509/ac

Profit if resale lands off target

-20%

$78,164

-10%

$140,156

$202,147

+10%

$264,139

+20%

$326,131

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-577437 Landlocked · Off grid	131.2	Jul 27, 2026	$364,400	2,777	4,431	6.2 mi	86
IL-567770 Landlocked · Full utilities	167.0	Jul 27, 2026	$496,700	2,974	3,526	7.0 mi	83
IL-167735 Gravel · Power at road	162.8	Jan 16, 2025	$417,200	2,563	2,663	3.1 mi	75
IL-808494 Gravel · Power at road	282.1	Nov 10, 2025	$1,251,000	4,434	5,203	2.0 mi	74
IL-149487 Gravel · Full utilities	579.3	Feb 28, 2026	$1,453,100	2,508	2,952	2.1 mi	72
IL-716675 Dirt · Full utilities	75.5	Apr 7, 2026	$341,000	4,514	3,509	6.4 mi	69
IL-357184 Gravel · Full utilities	109.2	Oct 31, 2025	$431,300	3,949	2,936	11.2 mi	67
IL-719275 Landlocked · Power at road	496.8	Oct 21, 2024	$971,500	1,956	4,161	8.4 mi	62
IL-266658 Gravel · Off grid	74.6	Dec 10, 2023	$291,200	3,903	4,094	5.5 mi	60

Show adjustment detail for the top comp

Tract size (131.2 ac → 180.97 ac)-8.2%
Access (Landlocked → Paved)+73.5%

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.

Build the listing kit Post a deal or JV