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Sangamon County, IL · Sold

IL-398167

9187 County Road 264

$2,255,900
$10,133/ac · 223 ac
Acreage223 ac
Price per acre$10,133/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedJun 24, 2026
Coordinates39.7458, -89.7134
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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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area189.51 of 222.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,858,240
$1,523,064$2,193,415 · $8,346/ac on 223 ac
Asking vs estimate
+21.4%
Priced above the comp set

Weighted from 9 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 $2,255,900
Maximum allowable offer
$1,061,851
$4,769/ac · +30.0% target margin

You need $1,194,049 off asking to hit this margin.

All-in cost$1,152,108
Net resale$1,709,580
Projected profit$557,472
ROI+48.4%
Annualized+69.2%
Break-even resale$5,625/ac
Profit if resale lands off target
-20%
$215,556
-10%
$386,514
0%
$557,472
+10%
$728,430
+20%
$899,388
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-527931
Gravel · Off grid
187.7Mar 8, 2026$655,0003,4915,7403.4 mi
80
IL-948611
Gravel · Power at road
307.1Jul 27, 2026$2,141,2006,97211,0325.2 mi
80
IL-848760
Paved · Full utilities
342.1Mar 19, 2026$2,580,8007,5448,6865.6 mi
80
IL-987892
Gravel · Power at road
182.4Mar 26, 2025$864,7004,7406,8324.1 mi
78
IL-538304
Gravel · Power at road
245.9Nov 4, 2025$1,299,5005,2858,0828.8 mi
76
IL-199661
Paved · Off grid
657.1Jul 27, 2026$3,041,9004,6299,1726.7 mi
72
IL-156586
Dirt · Power at road
70.8Jul 27, 2026$510,6007,2099,0144.1 mi
70
IL-449159
Paved · Full utilities
456.8May 27, 2025$2,603,4005,7007,3918.6 mi
68
IL-719591
Paved · Power at road
624.6Dec 7, 2025$3,414,8005,4679,3078.6 mi
66
Show adjustment detail for the top comp
  • Tract size (187.65 ac → 222.64 ac)-4.7%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (5 mo)+1.8%

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.