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Ogle County, IL · Sold

IL-718169

8372 County Road 92

$1,807,600
$8,107/ac · 223 ac
Acreage223 ac
Price per acre$8,107/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedFeb 20, 2024
Coordinates41.9535, -89.3082
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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
60
High risk
Wetlands49.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,252 ft away

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

Buildable area106.54 of 222.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,895,603
$1,678,721$2,112,485 · $8,502/ac on 223 ac
Asking vs estimate
-4.6%
In line with the comp set

Weighted from 6 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 $1,807,600
Maximum allowable offer
$1,083,202
$4,858/ac · +30.0% target margin

You need $724,398 off asking to hit this margin.

All-in cost$1,175,274
Net resale$1,743,955
Projected profit$568,681
ROI+48.4%
Annualized+69.2%
Break-even resale$5,730/ac
Profit if resale lands off target
-20%
$219,890
-10%
$394,285
0%
$568,681
+10%
$743,076
+20%
$917,472
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-388635
Landlocked · Off grid
312.5Jul 27, 2026$1,249,5003,9997,66211.7 mi
83
IL-677410
Paved · Off grid
128.7Jul 27, 2026$1,310,20010,1838,7916.6 mi
80
IL-407864
Dirt · Off grid
178.8Apr 2, 2025$1,057,1005,9148,0707.2 mi
77
IL-237355
Dirt · Full utilities
123.6Dec 14, 2024$1,455,70011,77510,2691.1 mi
68
IL-217556
Dirt · Power at road
143.0Jul 23, 2024$1,157,0008,0909,0804.6 mi
66
IL-826817
Gravel · Power at road
83.7Dec 28, 2025$761,4009,0937,2499.8 mi
63
Show adjustment detail for the top comp
  • Tract size (312.49 ac → 222.96 ac)+10.2%
  • Access (Landlocked → Paved)+73.5%

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.