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Shelby County, IL · Sold

IL-563484

9141 County Road 400

$78,900
$10,534/ac · 7.49 ac
Acreage7.49 ac
Price per acre$10,534/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedNov 14, 2024
Coordinates39.4688, -88.8557
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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
38
Moderate risk
Wetlands14.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area6.12 of 7.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$73,922
$54,143$93,702 · $9,869/ac on 7.49 ac
Asking vs estimate
+6.7%
Priced above 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 $78,900
Maximum allowable offer
$42,241
$5,640/ac · +30.0% target margin

You need $36,659 off asking to hit this margin.

All-in cost$45,831
Net resale$68,009
Projected profit$22,177
ROI+48.4%
Annualized+69.3%
Break-even resale$6,651/ac
Profit if resale lands off target
-20%
$8,575
-10%
$15,376
0%
$22,177
+10%
$28,978
+20%
$35,779
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43611,80210.6 mi
81
IL-764116
Dirt · Full utilities
11.8Jul 27, 2026$135,60011,4639,4087.0 mi
79
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5226,6945.2 mi
71
IL-122528
Gravel · Off grid
3.8Nov 5, 2025$50,20013,40013,05811.0 mi
69
IL-643686
Paved · Off grid
8.7Oct 21, 2024$130,90015,10413,58110.6 mi
68
IL-222704
Paved · Power at road
4.3Jan 11, 2026$50,40011,8688,30813.0 mi
67
IL-124539
Dirt · Off grid
16.1Aug 4, 2024$156,1009,70812,7748.7 mi
64
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4335,9788.7 mi
62
IL-182203
Dirt · Off grid
3.0Aug 26, 2025$21,0007,0948,04112.3 mi
60
IL-251788
Gravel · Power at road
2.2Jun 13, 2024$20,3009,2828,0048.9 mi
54
Show adjustment detail for the top comp
  • Tract size (5.38 ac → 7.49 ac)-1.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%

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.