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Shelby County, IL · Sold

IL-122528

6506 County Road 356

$53,400
$14,240/ac · 3.75 ac
Acreage3.75 ac
Price per acre$14,240/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedDec 8, 2024
Coordinates39.3270, -88.7626
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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
25
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

154 ft of deeded road frontage.

Power5,892 ft away

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

Buildable area3.02 of 3.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$37,235
$27,489$46,980 · $9,929/ac on 3.75 ac
Asking vs estimate
+43.4%
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 $53,400
Maximum allowable offer
$21,277
$5,674/ac · +30.0% target margin

You need $32,123 off asking to hit this margin.

All-in cost$23,086
Net resale$34,256
Projected profit$11,170
ROI+48.4%
Annualized+69.2%
Break-even resale$6,691/ac
Profit if resale lands off target
-20%
$4,319
-10%
$7,745
0%
$11,170
+10%
$14,596
+20%
$18,021
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-523027
Dirt · Power at road
5.4Jul 27, 2026$66,90012,43612,5063.3 mi
86
IL-222704
Paved · Power at road
4.3Jan 11, 2026$50,40011,8688,8042.0 mi
81
IL-352488
Dirt · Full utilities
3.6Dec 12, 2025$31,0008,5227,0935.8 mi
80
IL-182203
Dirt · Off grid
3.0Aug 26, 2025$21,0007,0948,5202.0 mi
78
IL-442474
Gravel · Full utilities
3.6Sep 23, 2024$30,4008,4336,3347.8 mi
75
IL-331377
Gravel · Power at road
1.6Nov 28, 2025$27,30016,71914,3376.7 mi
69
IL-764116
Dirt · Full utilities
11.8Jul 27, 2026$135,60011,4639,9698.8 mi
67
IL-931707
Paved · Power at road
2.1May 23, 2025$38,60018,65113,9017.4 mi
66
IL-563484
Landlocked · Full utilities
7.5Feb 28, 2025$66,4008,8709,97611.0 mi
66
IL-251788
Gravel · Power at road
2.2Jun 13, 2024$20,3009,2828,4817.1 mi
65
Show adjustment detail for the top comp
  • Tract size (5.38 ac → 3.75 ac)+1.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.