← New search
Vermilion County, IL · Sold

IL-866615

2440 County Road 101

$237,400
$3,282/ac · 72.33 ac
Acreage72.33 ac
Price per acre$3,282/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJun 17, 2026
Coordinates40.2616, -87.8370
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
56
High risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope29.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,632 ft away

Service extension needed; get a utility quote.

Buildable area41.27 of 72.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$253,483
$193,973$312,992 · $3,505/ac on 72.33 ac
Asking vs estimate
-6.3%
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 $237,400
Maximum allowable offer
$144,847
$2,003/ac · +30.0% target margin

You need $92,553 off asking to hit this margin.

All-in cost$157,159
Net resale$233,204
Projected profit$76,045
ROI+48.4%
Annualized+69.3%
Break-even resale$2,362/ac
Profit if resale lands off target
-20%
$29,404
-10%
$52,725
0%
$76,045
+10%
$99,365
+20%
$122,686
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-146743
Dirt · Off grid
79.4Jul 27, 2026$295,3003,7223,0137.6 mi
85
IL-796311
Gravel · Off grid
58.0Sep 25, 2025$210,6003,6292,4392.1 mi
83
IL-536936
Landlocked · Off grid
91.3Jul 27, 2026$286,0003,1343,31614.5 mi
81
IL-896590
Landlocked · Full utilities
71.0Apr 14, 2025$371,8005,2353,8365.6 mi
79
IL-866560
Dirt · Power at road
69.5Feb 14, 2026$330,5004,7553,23411.8 mi
77
IL-625541
Dirt · Full utilities
33.2Jul 27, 2026$302,9009,1174,3156.8 mi
73
IL-127197
Dirt · Power at road
110.3Mar 10, 2024$717,2006,5055,3309.4 mi
63
IL-595351
Gravel · Full utilities
28.9Sep 7, 2024$200,0006,9092,9671.7 mi
62
Show adjustment detail for the top comp
  • Tract size (79.36 ac → 72.33 ac)+2.1%
  • Access (Dirt → Landlocked)-20.9%

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.