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Shelby County, IL · Sold

IL-643686

7557 County Road 111

$121,700
$14,037/ac · 8.67 ac
Acreage8.67 ac
Price per acre$14,037/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedMar 15, 2024
Coordinates39.3161, -88.8742
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
36
Moderate risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope27.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

696 ft of deeded road frontage.

Power8,398 ft away

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

Buildable area4.88 of 8.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$99,119
$74,501$123,737 · $11,432/ac on 8.67 ac
Asking vs estimate
+22.8%
Priced above the comp set

Weighted from 9 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 $121,700
Maximum allowable offer
$56,639
$6,533/ac · +30.0% target margin

You need $65,061 off asking to hit this margin.

All-in cost$61,453
Net resale$91,189
Projected profit$29,736
ROI+48.4%
Annualized+69.3%
Break-even resale$7,704/ac
Profit if resale lands off target
-20%
$11,498
-10%
$20,617
0%
$29,736
+10%
$38,855
+20%
$47,974
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-764116
Dirt · Full utilities
11.8Jul 27, 2026$135,60011,46311,26212.2 mi
76
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43614,1289.0 mi
75
IL-222704
Paved · Power at road
4.3Jan 11, 2026$50,40011,8689,9457.2 mi
71
IL-563484
Landlocked · Full utilities
7.5Feb 28, 2025$66,4008,87011,27010.6 mi
70
IL-122528
Gravel · Off grid
3.8Nov 5, 2025$50,20013,40015,6326.0 mi
68
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5228,0137.1 mi
66
IL-182203
Dirt · Off grid
3.0Aug 26, 2025$21,0007,0949,6258.0 mi
64
IL-124539
Dirt · Off grid
16.1Aug 4, 2024$156,1009,70815,2918.3 mi
63
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4337,15612.1 mi
62
Show adjustment detail for the top comp
  • Tract size (11.83 ac → 8.67 ac)+2.5%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.