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Ogle County, IL · Sold

IL-407864

5606 County Road 396

$1,037,400
$5,803/ac · 179 ac
Acreage179 ac
Price per acre$5,803/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 21, 2024
Coordinates42.0271, -89.2084
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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

Ogle County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Ogle market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,237 ft of deeded road frontage.

Power9,014 ft away

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

Buildable area164.90 of 178.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,106,284
$903,164$1,309,403 · $6,189/ac on 179 ac
Asking vs estimate
-6.2%
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 $1,037,400
Maximum allowable offer
$632,162
$3,536/ac · +30.0% target margin

You need $405,238 off asking to hit this margin.

All-in cost$685,896
Net resale$1,017,781
Projected profit$331,885
ROI+48.4%
Annualized+69.2%
Break-even resale$4,171/ac
Profit if resale lands off target
-20%
$128,329
-10%
$230,107
0%
$331,885
+10%
$433,664
+20%
$535,442
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-388635
Landlocked · Off grid
312.5Jul 27, 2026$1,249,5003,9995,9386.3 mi
82
IL-677410
Paved · Off grid
128.7Jul 27, 2026$1,310,20010,1836,8136.7 mi
81
IL-718169
Paved · Off grid
223.0Aug 27, 2024$1,554,5006,9725,8507.2 mi
75
IL-237355
Dirt · Full utilities
123.6Dec 14, 2024$1,455,70011,7757,9596.9 mi
70
IL-966319
Gravel · Power at road
58.4Jul 27, 2026$422,6007,2404,0285.8 mi
70
IL-217556
Dirt · Power at road
143.0Jul 23, 2024$1,157,0008,0907,0378.9 mi
70
IL-826817
Gravel · Power at road
83.7Dec 28, 2025$761,4009,0935,61811.4 mi
65
Show adjustment detail for the top comp
  • Tract size (312.49 ac → 178.76 ac)+17.2%
  • Access (Landlocked → Dirt)+26.5%

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.