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Wayne County, IL · Sold

IL-589778

4195 County Road 159

$5,249,900
$7,340/ac · 715 ac
Acreage715 ac
Price per acre$7,340/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedDec 10, 2024
Coordinates38.4418, -88.5265
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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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands19.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,813 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area544.24 of 715.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,976,461
$3,583,052$6,369,870 · $6,958/ac on 715 ac
Asking vs estimate
+5.5%
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 $5,249,900
Maximum allowable offer
$2,843,692
$3,976/ac · +30.0% target margin

You need $2,406,208 off asking to hit this margin.

All-in cost$3,085,406
Net resale$4,578,344
Projected profit$1,492,938
ROI+48.4%
Annualized+69.2%
Break-even resale$4,689/ac
Profit if resale lands off target
-20%
$577,269
-10%
$1,035,104
0%
$1,492,938
+10%
$1,950,772
+20%
$2,408,607
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-409744
Dirt · Off grid
697.8Oct 16, 2025$2,154,8003,0885,2939.9 mi
77
IL-879328
Dirt · Power at road
516.3Jan 21, 2025$1,853,4003,5904,9147.8 mi
68
IL-398982
Gravel · Off grid
401.8Aug 17, 2025$1,911,2004,7575,97311.0 mi
68
IL-458377
Gravel · Power at road
259.2Jan 24, 2025$2,710,10010,45510,0387.0 mi
66
IL-597514
Dirt · Power at road
138.7Jun 19, 2026$1,038,2007,4846,6447.4 mi
64
IL-957942
Dirt · Off grid
189.2Feb 3, 2026$1,531,3008,0969,3365.5 mi
63
Show adjustment detail for the top comp
  • Tract size (697.81 ac → 715.21 ac)-0.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (10 mo)+3.5%

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.