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Shelby County, IL · Sold

IL-764116

7951 County Road 316

$148,200
$12,527/ac · 11.83 ac
Acreage11.83 ac
Price per acre$12,527/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedNov 28, 2025
Coordinates39.4511, -88.7257
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
27
Low risk
Wetlands26.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

639 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.27 of 11.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$144,498
$105,501$183,494 · $12,215/ac on 11.83 ac
Asking vs estimate
+2.6%
In line with 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 $148,200
Maximum allowable offer
$82,570
$6,980/ac · +30.0% target margin

You need $65,630 off asking to hit this margin.

All-in cost$89,588
Net resale$132,938
Projected profit$43,349
ROI+48.4%
Annualized+69.2%
Break-even resale$8,232/ac
Profit if resale lands off target
-20%
$16,762
-10%
$30,056
0%
$43,349
+10%
$56,643
+20%
$69,937
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43614,4116.4 mi
75
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5228,1745.3 mi
73
IL-124539
Dirt · Off grid
16.1Aug 4, 2024$156,1009,70815,5985.1 mi
71
IL-145754
Paved · Power at road
38.8Jul 27, 2026$503,90013,00113,5834.0 mi
70
IL-563484
Landlocked · Full utilities
7.5Feb 28, 2025$66,4008,87011,4967.0 mi
69
IL-643686
Paved · Off grid
8.7Oct 21, 2024$130,90015,10416,58312.2 mi
65
IL-222704
Paved · Power at road
4.3Jan 11, 2026$50,40011,86810,14510.2 mi
63
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4337,3002.0 mi
62
IL-122528
Gravel · Off grid
3.8Nov 5, 2025$50,20013,40015,9468.8 mi
61
IL-655776
Gravel · Power at road
39.4Feb 26, 2026$262,2006,6578,37412.1 mi
61
Show adjustment detail for the top comp
  • Tract size (5.38 ac → 11.83 ac)-5.2%
  • 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.