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Sangamon County, IL · Sold

IL-987892

356 County Road 18

$823,500
$4,514/ac · 182 ac
Acreage182 ac
Price per acre$4,514/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJun 3, 2024
Coordinates39.6892, -89.7374
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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
20
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8 ft away

Power at or near the road.

Buildable area157.36 of 182.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,164,604
$951,697$1,377,511 · $6,384/ac on 182 ac
Asking vs estimate
-29.3%
Priced below the comp set

Weighted from 8 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 $823,500
Maximum allowable offer
$665,488
$3,648/ac · +30.0% target margin

You need $158,012 off asking to hit this margin.

All-in cost$722,054
Net resale$1,071,436
Projected profit$349,381
ROI+48.4%
Annualized+69.2%
Break-even resale$4,302/ac
Profit if resale lands off target
-20%
$135,094
-10%
$242,238
0%
$349,381
+10%
$456,525
+20%
$563,668
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-398167
Paved · Full utilities
222.6Jul 27, 2026$2,246,90010,0927,4274.1 mi
87
IL-527931
Gravel · Off grid
187.7Mar 8, 2026$655,0003,4914,2157.4 mi
83
IL-948611
Gravel · Power at road
307.1Jul 27, 2026$2,141,2006,9728,1008.6 mi
80
IL-538304
Gravel · Power at road
245.9Nov 4, 2025$1,299,5005,2855,93412.5 mi
75
IL-848760
Paved · Full utilities
342.1Mar 19, 2026$2,580,8007,5446,3784.0 mi
73
IL-156586
Dirt · Power at road
70.8Jul 27, 2026$510,6007,2096,6198.0 mi
72
IL-719591
Paved · Power at road
624.6Dec 7, 2025$3,414,8005,4676,8348.8 mi
63
IL-449159
Paved · Full utilities
456.8May 27, 2025$2,603,4005,7005,4278.6 mi
61
Show adjustment detail for the top comp
  • Tract size (222.64 ac → 182.42 ac)+5.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.