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Shelby County, IL · Sold

IL-977596

418 County Road 57

$617,600
$4,195/ac · 147 ac
Acreage147 ac
Price per acre$4,195/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJun 15, 2025
Coordinates39.4703, -88.7927
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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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,075 ft of deeded road frontage.

Power6,172 ft away

A long utility run — price in solar/off-grid instead.

Buildable area114.12 of 147.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$784,802
$618,818$950,787 · $5,331/ac on 147 ac
Asking vs estimate
-21.3%
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 $617,600
Maximum allowable offer
$448,459
$3,046/ac · +30.0% target margin

You need $169,141 off asking to hit this margin.

All-in cost$486,578
Net resale$722,018
Projected profit$235,440
ROI+48.4%
Annualized+69.2%
Break-even resale$3,593/ac
Profit if resale lands off target
-20%
$91,037
-10%
$163,238
0%
$235,440
+10%
$307,642
+20%
$379,844
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-587912
Dirt · Off grid
185.1Sep 29, 2025$749,0004,0474,4642.0 mi
86
IL-587323
Gravel · Full utilities
120.8Jun 8, 2026$863,7007,1504,1009.5 mi
78
IL-556586
Gravel · Power at road
70.8Jan 8, 2026$824,90011,6477,2874.7 mi
69
IL-638565
Dirt · Power at road
297.0Oct 5, 2023$1,470,8004,9525,7372.9 mi
64
IL-666471
Landlocked · Off grid
65.2Sep 28, 2025$331,7005,0915,47211.7 mi
64
Show adjustment detail for the top comp
  • Tract size (185.08 ac → 147.21 ac)+6.4%
  • Market time (11 mo)+3.7%

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.