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Shelby County, IL · Sold

IL-182203

7293 County Road 101

$22,700
$7,669/ac · 2.96 ac
Acreage2.96 ac
Price per acre$7,669/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJul 1, 2024
Coordinates39.3228, -88.7248
Loading terrain…
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

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope21.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

308 ft of deeded road frontage.

Power4,576 ft away

Service extension needed; get a utility quote.

Buildable area1.67 of 2.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,575
$20,803$36,347 · $9,654/ac on 2.96 ac
Asking vs estimate
-20.6%
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 $22,700
Maximum allowable offer
$16,329
$5,516/ac · +30.0% target margin

You need $6,371 off asking to hit this margin.

All-in cost$17,717
Net resale$26,289
Projected profit$8,572
ROI+48.4%
Annualized+69.2%
Break-even resale$6,506/ac
Profit if resale lands off target
-20%
$3,314
-10%
$5,943
0%
$8,572
+10%
$11,201
+20%
$13,830
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-222704
Paved · Power at road
4.3Jan 11, 2026$50,40011,8687,6281.6 mi
81
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43610,8362.6 mi
80
IL-122528
Gravel · Off grid
3.8Nov 5, 2025$50,20013,40011,9902.0 mi
79
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5226,1467.0 mi
78
IL-251788
Gravel · Power at road
2.2Jun 13, 2024$20,3009,2827,3499.1 mi
70
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4335,4897.5 mi
70
IL-331377
Gravel · Power at road
1.6Nov 28, 2025$27,30016,71912,4238.0 mi
68
IL-931707
Paved · Power at road
2.1May 23, 2025$38,60018,65112,0468.9 mi
68
IL-480660
Dirt · Power at road
1.0May 15, 2024$11,80012,19811,1269.4 mi
62
IL-643686
Paved · Off grid
8.7Oct 21, 2024$130,90015,10412,4708.0 mi
60
Show adjustment detail for the top comp
  • Tract size (4.25 ac → 2.96 ac)+1.2%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (7 mo)+2.5%

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.