← New search
Tazewell County, IL · Sold

IL-433662

1282 County Road 234

$66,400
$7,793/ac · 8.52 ac
Acreage8.52 ac
Price per acre$7,793/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedOct 29, 2025
Coordinates40.4660, -89.5096
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

Tazewell County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Tazewell market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
72
High risk
Wetlands41.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,712 ft away

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

Buildable area4.78 of 8.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$74,159
$55,800$92,518 · $8,704/ac on 8.52 ac
Asking vs estimate
-10.5%
Priced below the comp set

Weighted from 6 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 $66,400
Maximum allowable offer
$42,377
$4,974/ac · +30.0% target margin

You need $24,023 off asking to hit this margin.

All-in cost$45,979
Net resale$68,226
Projected profit$22,247
ROI+48.4%
Annualized+69.2%
Break-even resale$5,866/ac
Profit if resale lands off target
-20%
$8,602
-10%
$15,425
0%
$22,247
+10%
$29,070
+20%
$35,893
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-454349
Landlocked · Power at road
14.0Jun 16, 2026$136,0009,7108,6735.4 mi
79
IL-604793
Paved · Power at road
19.3Jul 27, 2026$347,00017,9639,5446.2 mi
72
IL-222262
Gravel · Full utilities
3.1Sep 30, 2025$81,80026,45912,3795.9 mi
63
IL-725354
Paved · Power at road
29.0Jan 30, 2026$297,50010,2565,8897.5 mi
63
IL-962103
Gravel · Off grid
2.8Apr 18, 2025$37,70013,7209,3519.5 mi
60
IL-875375
Gravel · Full utilities
29.5Feb 16, 2024$297,60010,1036,0762.5 mi
58
Show adjustment detail for the top comp
  • Tract size (14.01 ac → 8.52 ac)+4.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.7%

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.