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Vermilion County, IL · Sold

IL-796311

8261 County Road 349

$253,400
$4,367/ac · 58.03 ac
Acreage58.03 ac
Price per acre$4,367/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 12, 2025
Coordinates40.2575, -87.7978
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

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
21
Low risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

721 ft of deeded road frontage.

Power13,018 ft away

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

Buildable area48.02 of 58.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$318,943
$252,122$385,764 · $5,496/ac on 58.03 ac
Asking vs estimate
-20.6%
Priced below the comp set

Weighted from 8 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 $253,400
Maximum allowable offer
$182,253
$3,141/ac · +30.0% target margin

You need $71,147 off asking to hit this margin.

All-in cost$197,745
Net resale$293,428
Projected profit$95,683
ROI+48.4%
Annualized+69.2%
Break-even resale$3,704/ac
Profit if resale lands off target
-20%
$36,997
-10%
$66,340
0%
$95,683
+10%
$125,026
+20%
$154,368
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-866615
Landlocked · Off grid
72.3Jul 27, 2026$211,8002,9284,5282.1 mi
90
IL-146743
Dirt · Off grid
79.4Jul 27, 2026$295,3003,7224,6497.0 mi
81
IL-625541
Dirt · Full utilities
33.2Jul 27, 2026$302,9009,1176,6585.3 mi
76
IL-866560
Dirt · Power at road
69.5Feb 14, 2026$330,5004,7554,9919.7 mi
76
IL-536936
Landlocked · Off grid
91.3Jul 27, 2026$286,0003,1345,11812.7 mi
75
IL-896590
Landlocked · Full utilities
71.0Apr 14, 2025$371,8005,2355,9203.5 mi
74
IL-595351
Gravel · Full utilities
28.9Sep 7, 2024$200,0006,9094,5781.1 mi
68
IL-127197
Dirt · Power at road
110.3Mar 10, 2024$717,2006,5058,2267.3 mi
61
Show adjustment detail for the top comp
  • Tract size (72.33 ac → 58.03 ac)+4.9%
  • Access (Landlocked → Gravel)+47.1%

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.