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Wayne County, IL · Sold

IL-863522

3873 County Road 20

$140,600
$18,260/ac · 7.70 ac
Acreage7.70 ac
Price per acre$18,260/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedApr 12, 2026
Coordinates38.3616, -88.4680
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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

Wayne County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Wayne market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

527 ft of deeded road frontage.

Power6,844 ft away

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

Buildable area7.05 of 7.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,308
$88,290$134,325 · $14,456/ac on 7.70 ac
Asking vs estimate
+26.3%
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 $140,600
Maximum allowable offer
$63,604
$8,260/ac · +30.0% target margin

You need $76,996 off asking to hit this margin.

All-in cost$69,010
Net resale$102,403
Projected profit$33,393
ROI+48.4%
Annualized+69.3%
Break-even resale$9,742/ac
Profit if resale lands off target
-20%
$12,912
-10%
$23,152
0%
$33,393
+10%
$43,633
+20%
$53,873
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-343276
Dirt · Off grid
6.4Sep 1, 2025$61,1009,48213,3856.7 mi
81
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46617,6412.0 mi
78
IL-503165
Gravel · Power at road
5.9May 10, 2025$68,30011,49311,9562.8 mi
74
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52118,1219.6 mi
72
IL-515079
Dirt · Off grid
23.8Jul 21, 2026$229,3009,64814,8734.2 mi
72
IL-294581
Landlocked · Off grid
16.6Jan 16, 2026$154,6009,33217,7488.5 mi
69
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,9079,72011.0 mi
65
IL-554714
Gravel · Full utilities
18.3Apr 3, 2025$221,10012,11811,4007.7 mi
61
Show adjustment detail for the top comp
  • Tract size (6.44 ac → 7.7 ac)-1.1%
  • Access (Dirt → Paved)+37.2%
  • Market time (11 mo)+4.0%

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.