Wayne County, IL · Sold

IL-186349

5134 County Road 267

$402,100

$6,741/ac · 59.65 ac

Offer report Market this tract

Acreage59.65 ac

Price per acre$6,741/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedSep 14, 2023

Coordinates38.3466, -88.4594

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,971 ft of deeded road frontage.

Power9,434 ft away

A long utility run — price in solar/off-grid instead.

Buildable area46.98 of 59.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$587,932

$482,620 – $693,245 · $9,856/ac on 59.65 ac

Asking vs estimate

-31.6%

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 $402,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$335,961

$5,632/ac · +30.0% target margin

You need $66,139 off asking to hit this margin.

All-in cost$364,518

Net resale$540,898

Projected profit$176,380

ROI+48.4%

Annualized+69.3%

Break-even resale$6,642/ac

Profit if resale lands off target

-20%

$68,201

-10%

$122,290

$176,380

+10%

$230,470

+20%

$284,560

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-246387 Dirt · Off grid	61.3	Dec 15, 2025	$617,800	10,075	12,115	5.3 mi	82
IL-995616 Gravel · Full utilities	35.1	Aug 11, 2025	$483,600	13,786	9,038	2.1 mi	78
IL-515079 Dirt · Off grid	23.8	Jul 21, 2026	$229,300	9,648	9,553	3.8 mi	74
IL-597514 Dirt · Power at road	138.7	Jun 19, 2026	$1,038,200	7,484	9,116	11.8 mi	72
IL-555587 Gravel · Power at road	34.4	Jan 22, 2025	$365,700	10,647	8,673	11.7 mi	65
IL-957942 Dirt · Off grid	189.2	Feb 3, 2026	$1,531,300	8,096	12,809	12.5 mi	63
IL-554714 Gravel · Full utilities	18.3	Apr 3, 2025	$221,100	12,118	7,322	8.0 mi	60

Show adjustment detail for the top comp

Tract size (61.32 ac → 59.65 ac)+0.6%
Access (Dirt → Gravel)+16.3%
Market time (8 mo)+2.8%

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.

Build the listing kit Post a deal or JV