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Vermilion County, IL · Sold

IL-869396

434 County Road 362

$1,475,900
$2,721/ac · 542 ac
Acreage542 ac
Price per acre$2,721/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedNov 20, 2024
Coordinates40.1653, -87.6802
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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
24
Low risk
Wetlands19.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,698 ft of deeded road frontage.

Power1,944 ft away

Service extension needed; get a utility quote.

Buildable area413.19 of 542.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,679,408
$1,307,024$2,051,791 · $3,097/ac on 542 ac
Asking vs estimate
-12.1%
Priced below 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 $1,475,900
Maximum allowable offer
$959,662
$1,770/ac · +30.0% target margin

You need $516,238 off asking to hit this margin.

All-in cost$1,041,233
Net resale$1,545,055
Projected profit$503,822
ROI+48.4%
Annualized+69.2%
Break-even resale$2,087/ac
Profit if resale lands off target
-20%
$194,811
-10%
$349,316
0%
$503,822
+10%
$658,327
+20%
$812,833
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-378815
Landlocked · Power at road
356.0Jul 27, 2026$876,9002,4632,7203.7 mi
79
IL-349018
Gravel · Full utilities
412.4Mar 13, 2025$1,486,6003,6052,4518.1 mi
72
IL-758846
Dirt · Full utilities
364.1Jan 18, 2025$1,561,2004,2883,2879.8 mi
71
IL-808630
Dirt · Power at road
311.4Mar 28, 2024$956,7003,0732,8324.4 mi
68
IL-127197
Dirt · Power at road
110.3Mar 10, 2024$717,2006,5054,5195.4 mi
57
Show adjustment detail for the top comp
  • Tract size (356.01 ac → 542.32 ac)-11.8%
  • Access (Landlocked → Gravel)+47.1%
  • 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.