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Wayne County, IL · Sold

IL-555587

1047 County Road 104

$362,100
$10,541/ac · 34.35 ac
Acreage34.35 ac
Price per acre$10,541/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedApr 4, 2024
Coordinates38.5163, -88.4673
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

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
13
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope14.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,429 ft of deeded road frontage.

Power230 ft away

Power at or near the road.

Buildable area26.74 of 34.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$418,376
$326,266$510,487 · $12,180/ac on 34.35 ac
Asking vs estimate
-13.5%
Priced below 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 $362,100
Maximum allowable offer
$239,072
$6,960/ac · +30.0% target margin

You need $123,028 off asking to hit this margin.

All-in cost$259,393
Net resale$384,906
Projected profit$125,513
ROI+48.4%
Annualized+69.3%
Break-even resale$8,208/ac
Profit if resale lands off target
-20%
$48,532
-10%
$87,023
0%
$125,513
+10%
$164,004
+20%
$202,494
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-995616
Gravel · Full utilities
35.1Aug 11, 2025$483,60013,78611,82310.8 mi
77
IL-515079
Dirt · Off grid
23.8Jul 21, 2026$229,3009,64812,49711.8 mi
75
IL-246387
Dirt · Off grid
61.3Dec 15, 2025$617,80010,07515,8486.4 mi
70
IL-294581
Landlocked · Off grid
16.6Jan 16, 2026$154,6009,33214,9129.5 mi
67
IL-554714
Gravel · Full utilities
18.3Apr 3, 2025$221,10012,1189,5798.6 mi
67
IL-186349
Gravel · Off grid
59.6May 15, 2024$332,5005,5757,98311.7 mi
62
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (12 mo)+4.3%

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.