← New search
Vermilion County, IL · Sold

IL-794112

3209 County Road 120

$103,200
$8,746/ac · 11.80 ac
Acreage11.80 ac
Price per acre$8,746/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 8, 2024
Coordinates40.2549, -87.6514
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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope26.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area7.04 of 11.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$127,102
$101,639$152,564 · $10,771/ac on 11.80 ac
Asking vs estimate
-18.8%
Priced below the comp set

Weighted from 7 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 $103,200
Maximum allowable offer
$72,630
$6,155/ac · +30.0% target margin

You need $30,570 off asking to hit this margin.

All-in cost$78,804
Net resale$116,934
Projected profit$38,130
ROI+48.4%
Annualized+69.2%
Break-even resale$7,259/ac
Profit if resale lands off target
-20%
$14,743
-10%
$26,437
0%
$38,130
+10%
$49,823
+20%
$61,517
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-844450
Dirt · Off grid
15.1Jul 27, 2026$122,9008,15413,9722.1 mi
88
IL-625541
Dirt · Full utilities
33.2Jul 27, 2026$302,9009,11712,1296.4 mi
77
IL-834013
Dirt · Full utilities
11.0Aug 29, 2025$96,0008,74210,5099.0 mi
77
IL-923239
Dirt · Power at road
6.3Jul 27, 2026$34,7005,5387,5255.9 mi
75
IL-624471
Gravel · Power at road
15.3Sep 11, 2025$116,0007,5799,85711.2 mi
73
IL-892868
Landlocked · Off grid
4.8Jan 23, 2026$28,8006,01212,2475.7 mi
67
IL-595351
Gravel · Full utilities
28.9Sep 7, 2024$200,0006,9098,3408.3 mi
63
Show adjustment detail for the top comp
  • Tract size (15.07 ac → 11.8 ac)+2.4%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.