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Vermilion County, IL · Sold

IL-892868

8463 County Road 94

$29,000
$6,054/ac · 4.79 ac
Acreage4.79 ac
Price per acre$6,054/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 22, 2025
Coordinates40.1850, -87.7071
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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

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

View Vermilion market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands10.6% of tract

Little to no mapped wetland coverage.

Average slope7.6%

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.

Power7,572 ft away

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

Buildable area4.07 of 4.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,422
$19,083$29,762 · $5,099/ac on 4.79 ac
Asking vs estimate
+18.7%
Priced above the comp set

Weighted from 5 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 $29,000
Maximum allowable offer
$13,956
$2,913/ac · +30.0% target margin

You need $15,044 off asking to hit this margin.

All-in cost$15,142
Net resale$22,468
Projected profit$7,326
ROI+48.4%
Annualized+69.2%
Break-even resale$3,436/ac
Profit if resale lands off target
-20%
$2,832
-10%
$5,079
0%
$7,326
+10%
$9,573
+20%
$11,820
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-923239
Dirt · Power at road
6.3Jul 27, 2026$34,7005,5383,7811.0 mi
84
IL-844450
Dirt · Off grid
15.1Jul 27, 2026$122,9008,1547,0205.2 mi
71
IL-834013
Dirt · Full utilities
11.0Aug 29, 2025$96,0008,7425,2807.7 mi
64
IL-794112
Gravel · Full utilities
11.8May 30, 2025$103,5008,7724,6325.7 mi
63
IL-624471
Gravel · Power at road
15.3Sep 11, 2025$116,0007,5794,9526.9 mi
61
Show adjustment detail for the top comp
  • Tract size (6.27 ac → 4.79 ac)+1.3%
  • Access (Dirt → Landlocked)-20.9%
  • 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.