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Shelby County, IL · Sold

IL-556586

767 County Road 205

$848,700
$11,982/ac · 70.83 ac
Acreage70.83 ac
Price per acre$11,982/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 31, 2025
Coordinates39.4313, -88.8650
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

803 ft of deeded road frontage.

Power167 ft away

Power at or near the road.

Buildable area64.73 of 70.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$534,538
$435,926$633,150 · $7,547/ac on 70.83 ac
Asking vs estimate
+58.8%
Priced above 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 $848,700
Maximum allowable offer
$305,450
$4,312/ac · +30.0% target margin

You need $543,250 off asking to hit this margin.

All-in cost$331,413
Net resale$491,775
Projected profit$160,362
ROI+48.4%
Annualized+69.3%
Break-even resale$5,086/ac
Profit if resale lands off target
-20%
$62,007
-10%
$111,184
0%
$160,362
+10%
$209,539
+20%
$258,717
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-587323
Gravel · Full utilities
120.8Jun 8, 2026$863,7007,1506,7186.7 mi
77
IL-145754
Paved · Power at road
38.8Jul 27, 2026$503,90013,0019,7698.7 mi
75
IL-655776
Gravel · Power at road
39.4Feb 26, 2026$262,2006,6576,0237.9 mi
75
IL-666471
Landlocked · Off grid
65.2Sep 28, 2025$331,7005,0918,96610.0 mi
75
IL-977596
Dirt · Off grid
147.2Jan 31, 2026$562,0003,8186,3974.7 mi
70
IL-587912
Dirt · Off grid
185.1Sep 29, 2025$749,0004,0477,3155.3 mi
64
Show adjustment detail for the top comp
  • Tract size (120.8 ac → 70.83 ac)+13.7%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (2 mo)+0.8%

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.