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Wayne County, IL · Sold

IL-671306

8228 County Road 163

$22,900
$14,774/ac · 1.55 ac
Acreage1.55 ac
Price per acre$14,774/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedOct 26, 2025
Coordinates38.4102, -88.4497
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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
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

206 ft of deeded road frontage.

Power37 ft away

Power at or near the road.

Buildable area1.21 of 1.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,342
$19,443$29,240 · $15,704/ac on 1.55 ac
Asking vs estimate
-5.9%
Priced below 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 $22,900
Maximum allowable offer
$13,910
$8,974/ac · +30.0% target margin

You need $8,990 off asking to hit this margin.

All-in cost$15,092
Net resale$22,394
Projected profit$7,302
ROI+48.4%
Annualized+69.2%
Break-even resale$10,584/ac
Profit if resale lands off target
-20%
$2,823
-10%
$5,063
0%
$7,302
+10%
$9,541
+20%
$11,781
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-271314
Gravel · Power at road
1.6Aug 10, 2025$19,70012,70113,2424.2 mi
84
IL-790537
Gravel · Power at road
0.9Jul 8, 2026$16,70018,76918,7252.7 mi
82
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,90710,2597.6 mi
79
IL-391284
Dirt · Off grid
1.5Dec 4, 2024$18,20011,99717,5767.8 mi
73
IL-863522
Paved · Off grid
7.7Jun 3, 2026$132,70017,23718,3473.5 mi
65
IL-503165
Gravel · Power at road
5.9May 10, 2025$68,30011,49312,6193.9 mi
65
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46618,6202.9 mi
63
IL-343276
Dirt · Off grid
6.4Sep 1, 2025$61,1009,48214,1283.7 mi
61
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52119,1276.7 mi
56
Show adjustment detail for the top comp
  • 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.