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Wayne County, IL · Sold

IL-790537

547 County Road 107

$15,700
$17,640/ac · 0.89 ac
Acreage0.89 ac
Price per acre$17,640/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 29, 2025
Coordinates38.4003, -88.4983
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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
20
Low risk
Wetlands17.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

129 ft of deeded road frontage.

Power45 ft away

Power at or near the road.

Buildable area0.70 of 0.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,403
$10,630$16,176 · $15,060/ac on 0.89 ac
Asking vs estimate
+17.1%
Priced above the comp set

Weighted from 9 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 $15,700
Maximum allowable offer
$7,659
$8,605/ac · +30.0% target margin

You need $8,041 off asking to hit this margin.

All-in cost$8,310
Net resale$12,331
Projected profit$4,021
ROI+48.4%
Annualized+69.2%
Break-even resale$10,149/ac
Profit if resale lands off target
-20%
$1,555
-10%
$2,788
0%
$4,021
+10%
$5,254
+20%
$6,487
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-271314
Gravel · Power at road
1.6Aug 10, 2025$19,70012,70113,3324.2 mi
78
IL-671306
Gravel · Power at road
1.6Dec 18, 2025$19,00012,23312,6562.7 mi
77
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,90710,3298.8 mi
76
IL-391284
Dirt · Off grid
1.5Dec 4, 2024$18,20011,99717,6959.7 mi
68
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46618,7461.2 mi
65
IL-863522
Paved · Off grid
7.7Jun 3, 2026$132,70017,23718,4713.1 mi
63
IL-503165
Gravel · Power at road
5.9May 10, 2025$68,30011,49312,7051.4 mi
62
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52119,2569.3 mi
56
IL-343276
Dirt · Off grid
6.4Sep 1, 2025$61,1009,48214,2236.4 mi
55
Show adjustment detail for the top comp
  • Tract size (1.55 ac → 0.89 ac)+0.7%
  • 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.