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Wayne County, IL · Sold

IL-503165

1022 County Road 155

$75,100
$12,643/ac · 5.94 ac
Acreage5.94 ac
Price per acre$12,643/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedAug 10, 2024
Coordinates38.3827, -88.5124
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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
23
Low risk
Wetlands19.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

443 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area4.55 of 5.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$91,266
$72,074$110,458 · $15,365/ac on 5.94 ac
Asking vs estimate
-17.7%
Priced below the comp set

Weighted from 7 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 $75,100
Maximum allowable offer
$52,152
$8,780/ac · +30.0% target margin

You need $22,948 off asking to hit this margin.

All-in cost$56,585
Net resale$83,965
Projected profit$27,380
ROI+48.4%
Annualized+69.2%
Break-even resale$10,354/ac
Profit if resale lands off target
-20%
$10,587
-10%
$18,983
0%
$27,380
+10%
$35,776
+20%
$44,173
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46617,8601.1 mi
82
IL-863522
Paved · Off grid
7.7Jun 3, 2026$132,70017,23717,5982.8 mi
81
IL-343276
Dirt · Off grid
6.4Sep 1, 2025$61,1009,48213,5517.6 mi
76
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,9079,84010.2 mi
70
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52118,34610.6 mi
69
IL-294581
Landlocked · Off grid
16.6Jan 16, 2026$154,6009,33217,96810.1 mi
63
IL-554714
Gravel · Full utilities
18.3Apr 3, 2025$221,10012,11811,5419.1 mi
60
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (13 mo)+4.7%

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.