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Shelby County, IL · Sold

IL-666471

1565 County Road 83

$308,000
$4,727/ac · 65.16 ac
Acreage65.16 ac
Price per acre$4,727/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedFeb 3, 2025
Coordinates39.3004, -88.7838
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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
55
High risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,128 ft away

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

Buildable area36.36 of 65.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$309,958
$226,633$393,284 · $4,757/ac on 65.16 ac
Asking vs estimate
-0.6%
In line with the comp set

Weighted from 6 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 $308,000
Maximum allowable offer
$177,119
$2,718/ac · +30.0% target margin

You need $130,881 off asking to hit this margin.

All-in cost$192,174
Net resale$285,162
Projected profit$92,988
ROI+48.4%
Annualized+69.2%
Break-even resale$3,206/ac
Profit if resale lands off target
-20%
$35,955
-10%
$64,471
0%
$92,988
+10%
$121,504
+20%
$150,020
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-655776
Gravel · Power at road
39.4Feb 26, 2026$262,2006,6573,5464.9 mi
78
IL-556586
Gravel · Power at road
70.8Jan 8, 2026$824,90011,6477,03110.0 mi
76
IL-145754
Paved · Power at road
38.8Jul 27, 2026$503,90013,0015,7527.6 mi
75
IL-587323
Gravel · Full utilities
120.8Jun 8, 2026$863,7007,1503,9563.8 mi
75
IL-977596
Dirt · Off grid
147.2Jan 31, 2026$562,0003,8183,76611.7 mi
67
IL-587912
Dirt · Off grid
185.1Sep 29, 2025$749,0004,0474,30710.3 mi
63
Show adjustment detail for the top comp
  • Tract size (39.39 ac → 65.16 ac)-9.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.0%

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.