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Wayne County, IL · Sold

IL-458377

3214 County Road 158

$2,511,700
$9,689/ac · 259 ac
Acreage259 ac
Price per acre$9,689/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedApr 5, 2024
Coordinates38.3469, -88.4796
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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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope19.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,745 ft of deeded road frontage.

Power30 ft away

Power at or near the road.

Buildable area203.44 of 259.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,934,307
$1,497,878$2,370,735 · $7,462/ac on 259 ac
Asking vs estimate
+29.9%
Priced above the comp set

Weighted from 6 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 $2,511,700
Maximum allowable offer
$1,105,318
$4,264/ac · +30.0% target margin

You need $1,406,382 off asking to hit this margin.

All-in cost$1,199,270
Net resale$1,779,562
Projected profit$580,292
ROI+48.4%
Annualized+69.2%
Break-even resale$5,029/ac
Profit if resale lands off target
-20%
$224,380
-10%
$402,336
0%
$580,292
+10%
$758,248
+20%
$936,205
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-589778
Gravel · Full utilities
715.2Feb 3, 2026$5,433,6007,5978,6187.0 mi
72
IL-597514
Dirt · Power at road
138.7Jun 19, 2026$1,038,2007,4847,37212.0 mi
72
IL-957942
Dirt · Off grid
189.2Feb 3, 2026$1,531,3008,09610,35912.3 mi
72
IL-398982
Gravel · Off grid
401.8Aug 17, 2025$1,911,2004,7576,62812.4 mi
69
IL-879328
Dirt · Power at road
516.3Jan 21, 2025$1,853,4003,5905,4536.6 mi
65
IL-409744
Dirt · Off grid
697.8Oct 16, 2025$2,154,8003,0885,8749.8 mi
62
Show adjustment detail for the top comp
  • Tract size (715.21 ac → 259.22 ac)+35.4%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (6 mo)+2.2%

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.