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Sangamon County, IL · Sold

IL-156586

1604 County Road 323

$534,700
$7,549/ac · 70.83 ac
Acreage70.83 ac
Price per acre$7,549/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedNov 16, 2025
Coordinates39.8044, -89.7301
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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

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands44.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

645 ft of deeded road frontage.

Power119 ft away

Power at or near the road.

Buildable area37.48 of 70.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$430,110
$358,606$501,613 · $6,072/ac on 70.83 ac
Asking vs estimate
+24.3%
Priced above 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 $534,700
Maximum allowable offer
$245,777
$3,470/ac · +30.0% target margin

You need $288,923 off asking to hit this margin.

All-in cost$266,668
Net resale$395,701
Projected profit$129,033
ROI+48.4%
Annualized+69.2%
Break-even resale$4,092/ac
Profit if resale lands off target
-20%
$49,893
-10%
$89,463
0%
$129,033
+10%
$168,603
+20%
$208,173
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-955489
Landlocked · Power at road
32.0Jul 27, 2026$175,0005,4715,9359.6 mi
72
IL-527931
Gravel · Off grid
187.7Mar 8, 2026$655,0003,4914,6011.0 mi
71
IL-398167
Paved · Full utilities
222.6Jul 27, 2026$2,246,90010,0928,1074.1 mi
70
IL-866083
Gravel · Off grid
49.2Oct 2, 2024$284,8005,7885,8464.4 mi
69
IL-255878
Dirt · Off grid
42.4May 25, 2024$222,1005,2366,0598.0 mi
65
IL-538304
Gravel · Power at road
245.9Nov 4, 2025$1,299,5005,2856,4787.8 mi
63
IL-987892
Gravel · Power at road
182.4Mar 26, 2025$864,7004,7405,4768.0 mi
62
Show adjustment detail for the top comp
  • Tract size (31.99 ac → 70.83 ac)-14.4%
  • 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.