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Wayne County, IL · Sold

IL-391284

2355 County Road 17

$17,400
$11,447/ac · 1.52 ac
Acreage1.52 ac
Price per acre$11,447/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 15, 2024
Coordinates38.5123, -88.3888
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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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

299 ft of deeded road frontage.

Power12,710 ft away

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

Buildable area1.17 of 1.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,794
$13,185$20,404 · $11,049/ac on 1.52 ac
Asking vs estimate
+3.6%
In line with the comp set

Weighted from 9 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 $17,400
Maximum allowable offer
$9,597
$6,314/ac · +30.0% target margin

You need $7,803 off asking to hit this margin.

All-in cost$10,413
Net resale$15,451
Projected profit$5,038
ROI+48.4%
Annualized+69.2%
Break-even resale$7,446/ac
Profit if resale lands off target
-20%
$1,948
-10%
$3,493
0%
$5,038
+10%
$6,583
+20%
$8,128
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,9077,5023.0 mi
84
IL-271314
Gravel · Power at road
1.6Aug 10, 2025$19,70012,7019,6836.5 mi
82
IL-671306
Gravel · Power at road
1.6Dec 18, 2025$19,00012,2339,1937.8 mi
79
IL-790537
Gravel · Power at road
0.9Jul 8, 2026$16,70018,76913,6929.7 mi
78
IL-343276
Dirt · Off grid
6.4Sep 1, 2025$61,1009,48210,3315.3 mi
64
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52113,9864.1 mi
63
IL-863522
Paved · Off grid
7.7Jun 3, 2026$132,70017,23713,41611.3 mi
63
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46613,61610.5 mi
62
IL-503165
Gravel · Power at road
5.9May 10, 2025$68,30011,4939,22811.2 mi
55
Show adjustment detail for the top comp
  • Tract size (2.32 ac → 1.52 ac)+0.8%
  • Access (Landlocked → Dirt)+26.5%
  • 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.