IL-393472
8740 County Road 347
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Wayne County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Wayne market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $54,765 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-863522 Paved · Off grid | 7.7 | Jun 3, 2026 | $132,700 | 17,237 | 14,940 | 9.6 mi | 82 |
| IL-343276 Dirt · Off grid | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 11,504 | 3.0 mi | 80 |
| IL-243219 Gravel · Off grid | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 15,162 | 9.6 mi | 76 |
| IL-801864 Landlocked · Power at road | 2.3 | Jul 27, 2026 | $16,000 | 6,907 | 8,354 | 6.6 mi | 75 |
| IL-515079 Dirt · Off grid | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 12,783 | 7.8 mi | 75 |
| IL-503165 Gravel · Power at road | 5.9 | May 10, 2025 | $68,300 | 11,493 | 10,276 | 10.6 mi | 71 |
| IL-294581 Landlocked · Off grid | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 15,254 | 2.6 mi | 70 |
| IL-554714 Gravel · Full utilities | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 9,798 | 2.5 mi | 64 |
Show adjustment detail for the top comp
- Access (Paved → Dirt)-27.1%
- Utilities (Off grid → Power at road)+17.6%
- Market time (2 mo)+0.8%
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.