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McLean County, IL · Sold

IL-266658

8296 County Road 339

$285,800
$3,830/ac · 74.62 ac
Acreage74.62 ac
Price per acre$3,830/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedSep 12, 2023
Coordinates40.5177, -88.9154
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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

3 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope24.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,141 ft of deeded road frontage.

Power10,358 ft away

A long utility run — price in solar/off-grid instead.

Buildable area42.13 of 74.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$283,205
$237,993$328,417 · $3,795/ac on 74.62 ac
Asking vs estimate
+0.9%
In line with 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 $285,800
Maximum allowable offer
$161,831
$2,169/ac · +30.0% target margin

You need $123,969 off asking to hit this margin.

All-in cost$175,587
Net resale$260,549
Projected profit$84,962
ROI+48.4%
Annualized+69.3%
Break-even resale$2,558/ac
Profit if resale lands off target
-20%
$32,852
-10%
$58,907
0%
$84,962
+10%
$111,017
+20%
$137,072
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-716675
Dirt · Full utilities
75.5Apr 7, 2026$341,0004,5143,72210.2 mi
80
IL-577437
Landlocked · Off grid
131.2Jul 27, 2026$364,4002,7774,70010.3 mi
75
IL-357184
Gravel · Full utilities
109.2Oct 31, 2025$431,3003,9493,1157.5 mi
74
IL-567770
Landlocked · Full utilities
167.0Jul 27, 2026$496,7002,9743,7405.0 mi
73
IL-335955
Landlocked · Off grid
44.8Mar 16, 2025$129,8002,8944,0515.2 mi
69
IL-167735
Gravel · Power at road
162.8Jan 16, 2025$417,2002,5632,8257.7 mi
64
IL-177881
Paved · Off grid
181.0Oct 11, 2024$694,3003,8364,3855.5 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.5%

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.