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Sangamon County, IL · Sold

IL-291418

8753 County Road 359

$27,300
$16,250/ac · 1.68 ac
Acreage1.68 ac
Price per acre$16,250/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedSep 12, 2024
Coordinates39.8418, -89.6159
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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

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

View Sangamon market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
13
Low risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

311 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.44 of 1.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,995
$19,875$28,115 · $14,283/ac on 1.68 ac
Asking vs estimate
+13.8%
Priced above the comp set

Weighted from 5 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 $27,300
Maximum allowable offer
$13,711
$8,162/ac · +30.0% target margin

You need $13,589 off asking to hit this margin.

All-in cost$14,876
Net resale$22,075
Projected profit$7,199
ROI+48.4%
Annualized+69.3%
Break-even resale$9,625/ac
Profit if resale lands off target
-20%
$2,784
-10%
$4,992
0%
$7,199
+10%
$9,407
+20%
$11,614
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-600558
Dirt · Off grid
0.9May 2, 2025$4,8005,38111,0832.7 mi
68
IL-580224
Landlocked · Off grid
0.7Jun 29, 2025$4,1005,83215,06310.4 mi
61
IL-353001
Landlocked · Power at road
5.3Jul 3, 2025$29,0005,49312,6019.6 mi
58
IL-783686
Paved · Power at road
8.7Jul 20, 2024$93,40010,77315,2283.4 mi
58
IL-813417
Paved · Power at road
7.1Sep 27, 2024$94,00013,17718,25212.3 mi
54
Show adjustment detail for the top comp
  • Tract size (0.9 ac → 1.68 ac)-0.8%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (15 mo)+5.4%

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.