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Shelby County, IL · Sold

IL-222704

8402 County Road 220

$49,500
$11,647/ac · 4.25 ac
Acreage4.25 ac
Price per acre$11,647/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedAug 7, 2025
Coordinates39.3034, -88.7402
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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

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

View Shelby market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

449 ft of deeded road frontage.

Power182 ft away

Power at or near the road.

Buildable area3.57 of 4.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$64,067
$46,416$81,718 · $15,075/ac on 4.25 ac
Asking vs estimate
-22.7%
Priced below the comp set

Weighted from 10 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 $49,500
Maximum allowable offer
$36,610
$8,614/ac · +30.0% target margin

You need $12,890 off asking to hit this margin.

All-in cost$39,722
Net resale$58,942
Projected profit$19,220
ROI+48.4%
Annualized+69.2%
Break-even resale$10,159/ac
Profit if resale lands off target
-20%
$7,431
-10%
$13,326
0%
$19,220
+10%
$25,114
+20%
$31,008
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43617,2794.1 mi
85
IL-122528
Gravel · Off grid
3.8Nov 5, 2025$50,20013,40019,1182.0 mi
80
IL-182203
Dirt · Off grid
3.0Aug 26, 2025$21,0007,09411,7721.6 mi
79
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5229,8007.8 mi
76
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4338,7529.0 mi
69
IL-931707
Paved · Power at road
2.1May 23, 2025$38,60018,65119,2079.4 mi
68
IL-764116
Dirt · Full utilities
11.8Jul 27, 2026$135,60011,46313,77410.2 mi
68
IL-251788
Gravel · Power at road
2.2Jun 13, 2024$20,3009,28211,7188.7 mi
67
IL-331377
Gravel · Power at road
1.6Nov 28, 2025$27,30016,71919,8098.7 mi
65
IL-643686
Paved · Off grid
8.7Oct 21, 2024$130,90015,10419,8837.2 mi
64
Show adjustment detail for the top comp
  • Tract size (5.38 ac → 4.25 ac)+1.0%
  • Access (Dirt → Paved)+37.2%

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.