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Shelby County, IL · Sold

IL-587323

4216 County Road 26

$974,800
$8,070/ac · 121 ac
Acreage121 ac
Price per acre$8,070/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedMay 20, 2025
Coordinates39.3373, -88.8368
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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

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,622 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area65.53 of 120.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,105,813
$850,173$1,361,454 · $9,154/ac on 121 ac
Asking vs estimate
-11.8%
Priced below the comp set

Weighted from 7 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 $974,800
Maximum allowable offer
$631,893
$5,231/ac · +30.0% target margin

You need $342,907 off asking to hit this margin.

All-in cost$685,604
Net resale$1,017,348
Projected profit$331,744
ROI+48.4%
Annualized+69.2%
Break-even resale$6,169/ac
Profit if resale lands off target
-20%
$128,275
-10%
$230,010
0%
$331,744
+10%
$433,479
+20%
$535,214
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-977596
Dirt · Off grid
147.2Jan 31, 2026$562,0003,8186,8619.5 mi
75
IL-556586
Gravel · Power at road
70.8Jan 8, 2026$824,90011,64712,8076.7 mi
73
IL-145754
Paved · Power at road
38.8Jul 27, 2026$503,90013,00110,4787.9 mi
72
IL-655776
Gravel · Power at road
39.4Feb 26, 2026$262,2006,6576,4602.4 mi
70
IL-666471
Landlocked · Off grid
65.2Sep 28, 2025$331,7005,0919,6163.8 mi
70
IL-587912
Dirt · Off grid
185.1Sep 29, 2025$749,0004,0477,8458.5 mi
69
IL-638565
Dirt · Power at road
297.0Oct 5, 2023$1,470,8004,95210,0828.3 mi
61
Show adjustment detail for the top comp
  • Tract size (147.21 ac → 120.8 ac)+5.3%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (6 mo)+2.3%

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.