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Ogle County, IL · Sold

IL-412238

2707 County Road 147

$40,400
$13,289/ac · 3.04 ac
Acreage3.04 ac
Price per acre$13,289/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedMar 13, 2024
Coordinates42.0320, -89.3487
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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
13
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

219 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.60 of 3.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,970
$30,492$49,447 · $13,148/ac on 3.04 ac
Asking vs estimate
+1.1%
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 $40,400
Maximum allowable offer
$22,840
$7,513/ac · +30.0% target margin

You need $17,560 off asking to hit this margin.

All-in cost$24,781
Net resale$36,772
Projected profit$11,991
ROI+48.4%
Annualized+69.2%
Break-even resale$8,861/ac
Profit if resale lands off target
-20%
$4,636
-10%
$8,313
0%
$11,991
+10%
$15,668
+20%
$19,345
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-740093
Dirt · Off grid
0.6Apr 24, 2026$7,00010,92215,5025.6 mi
70
IL-704235
Dirt · Off grid
12.9Jul 27, 2026$112,9008,75213,6874.6 mi
70
IL-314188
Landlocked · Off grid
12.5Jul 27, 2026$58,8004,7139,2924.6 mi
68
IL-761594
Gravel · Power at road
1.9Nov 26, 2024$24,00012,64214,0635.8 mi
66
IL-691181
Dirt · Off grid
1.4Oct 23, 2024$17,20012,21318,5603.8 mi
66
IL-330253
Landlocked · Off grid
0.7Mar 19, 2025$4,1005,66910,6480.0 mi
61
IL-864559
Dirt · Full utilities
16.3Sep 25, 2024$132,0008,0949,7332.4 mi
61
Show adjustment detail for the top comp
  • Tract size (0.64 ac → 3.04 ac)-2.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (4 mo)+1.3%

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.