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Vermilion County, IL · Sold

IL-896590

8632 County Road 47

$410,400
$5,778/ac · 71.03 ac
Acreage71.03 ac
Price per acre$5,778/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedDec 31, 2024
Coordinates40.2612, -87.7312
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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
42
Moderate risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.7%

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.

PowerOn site

Power at or near the road.

Buildable area57.49 of 71.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$350,302
$264,256$436,347 · $4,932/ac on 71.03 ac
Asking vs estimate
+17.2%
Priced above 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 $410,400
Maximum allowable offer
$200,172
$2,818/ac · +30.0% target margin

You need $210,228 off asking to hit this margin.

All-in cost$217,187
Net resale$322,277
Projected profit$105,091
ROI+48.4%
Annualized+69.3%
Break-even resale$3,324/ac
Profit if resale lands off target
-20%
$40,635
-10%
$72,863
0%
$105,091
+10%
$137,319
+20%
$169,546
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-866615
Landlocked · Off grid
72.3Jul 27, 2026$211,8002,9284,2295.6 mi
88
IL-536936
Landlocked · Off grid
91.3Jul 27, 2026$286,0003,1344,78010.6 mi
85
IL-866560
Dirt · Power at road
69.5Feb 14, 2026$330,5004,7554,6616.7 mi
85
IL-146743
Dirt · Off grid
79.4Jul 27, 2026$295,3003,7224,3427.9 mi
82
IL-625541
Dirt · Full utilities
33.2Jul 27, 2026$302,9009,1176,2194.7 mi
80
IL-796311
Gravel · Off grid
58.0Sep 25, 2025$210,6003,6293,5163.5 mi
77
IL-127197
Dirt · Power at road
110.3Mar 10, 2024$717,2006,5057,6823.9 mi
70
IL-595351
Gravel · Full utilities
28.9Sep 7, 2024$200,0006,9094,2764.1 mi
63
Show adjustment detail for the top comp
  • 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.