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Ogle County, IL · Sold

IL-330253

2388 County Road 396

$4,500
$6,250/ac · 0.72 ac
Acreage0.72 ac
Price per acre$6,250/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMar 6, 2024
Coordinates42.0322, -89.3485
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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

5 items to verify before you offer.

Risk index
57
High risk
Wetlands30.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,554 ft away

Service extension needed; get a utility quote.

Buildable area0.48 of 0.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,298
$5,539$7,058 · $8,747/ac on 0.72 ac
Asking vs estimate
-28.5%
Priced below the comp set

Weighted from 4 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 $4,500
Maximum allowable offer
$3,599
$4,998/ac · +30.0% target margin

You need $901 off asking to hit this margin.

All-in cost$3,905
Net resale$5,794
Projected profit$1,889
ROI+48.4%
Annualized+69.2%
Break-even resale$5,895/ac
Profit if resale lands off target
-20%
$730
-10%
$1,310
0%
$1,889
+10%
$2,469
+20%
$3,048
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-740093
Dirt · Off grid
0.6Apr 24, 2026$7,00010,9228,7415.6 mi
83
IL-691181
Dirt · Off grid
1.4Oct 23, 2024$17,20012,21310,4663.8 mi
66
IL-761594
Gravel · Power at road
1.9Nov 26, 2024$24,00012,6427,9305.8 mi
64
IL-412238
Dirt · Full utilities
3.0Jun 25, 2024$38,10012,5327,7020.0 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • 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.