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McLean County, IL · Sold

IL-261614

5297 County Road 385

$17,200
$8,912/ac · 1.93 ac
Acreage1.93 ac
Price per acre$8,912/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedApr 16, 2025
Coordinates40.4751, -88.7484
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope19.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.51 of 1.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,800
$13,772$19,829 · $8,705/ac on 1.93 ac
Asking vs estimate
+2.4%
In line with 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 $17,200
Maximum allowable offer
$9,600
$4,974/ac · +30.0% target margin

You need $7,600 off asking to hit this margin.

All-in cost$10,416
Net resale$15,456
Projected profit$5,040
ROI+48.4%
Annualized+69.3%
Break-even resale$5,866/ac
Profit if resale lands off target
-20%
$1,949
-10%
$3,495
0%
$5,040
+10%
$6,586
+20%
$8,132
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-871838
Dirt · Power at road
2.3Jan 28, 2026$12,7005,6037,0163.1 mi
82
IL-491123
Dirt · Full utilities
1.4Jul 27, 2026$11,6008,6228,59110.9 mi
81
IL-501946
Gravel · Power at road
2.5Apr 2, 2026$18,4007,4968,0299.3 mi
76
IL-112017
Paved · Power at road
2.6Jan 26, 2026$25,6009,8769,0437.6 mi
74
IL-423151
Dirt · Off grid
5.9Jul 27, 2026$31,6005,3788,0297.3 mi
71
IL-541369
Gravel · Off grid
1.6Jul 26, 2024$9,0005,5677,4427.4 mi
69
IL-983318
Landlocked · Off grid
6.6Jul 27, 2026$27,8004,1817,9488.1 mi
67
IL-240667
Dirt · Power at road
1.0Aug 4, 2025$8,1008,30910,47312.1 mi
65
IL-643285
Gravel · Off grid
6.5Aug 28, 2025$60,6009,34912,5312.5 mi
64
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (7 mo)+2.3%

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.