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Sangamon County, IL · Sold

IL-353001

2617 County Road 342

$28,600
$5,417/ac · 5.28 ac
Acreage5.28 ac
Price per acre$5,417/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedDec 30, 2024
Coordinates39.7038, -89.6415
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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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands8.7% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power204 ft away

Power at or near the road.

Buildable area4.58 of 5.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,611
$32,585$40,636 · $6,934/ac on 5.28 ac
Asking vs estimate
-21.9%
Priced below 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 $28,600
Maximum allowable offer
$20,920
$3,962/ac · +30.0% target margin

You need $7,680 off asking to hit this margin.

All-in cost$22,698
Net resale$33,682
Projected profit$10,984
ROI+48.4%
Annualized+69.3%
Break-even resale$4,673/ac
Profit if resale lands off target
-20%
$4,247
-10%
$7,615
0%
$10,984
+10%
$14,352
+20%
$17,720
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-194510
Paved · Power at road
15.7May 20, 2026$162,70010,3366,5373.5 mi
76
IL-884460
Dirt · Power at road
15.2Jul 27, 2026$108,6007,1566,1384.1 mi
74
IL-813417
Paved · Power at road
7.1Sep 27, 2024$94,00013,1778,3294.5 mi
71
IL-783686
Paved · Power at road
8.7Jul 20, 2024$93,40010,7736,9496.3 mi
66
IL-291418
Paved · Full utilities
1.7Jan 29, 2025$23,30013,8456,7289.6 mi
56
Show adjustment detail for the top comp
  • Tract size (15.74 ac → 5.28 ac)+8.7%
  • Access (Paved → Landlocked)-42.4%
  • Market time (3 mo)+1.0%

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.