IL-398982
2871 County Road 27
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Wayne County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Wayne market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
4,480 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $811,579 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-409744 Dirt · Off grid | 697.8 | Oct 16, 2025 | $2,154,800 | 3,088 | 4,392 | 2.9 mi | 74 |
| IL-957942 Dirt · Off grid | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 7,746 | 10.8 mi | 72 |
| IL-589778 Gravel · Full utilities | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 6,443 | 11.0 mi | 72 |
| IL-879328 Dirt · Power at road | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 4,077 | 5.9 mi | 71 |
| IL-597514 Dirt · Power at road | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 5,512 | 5.7 mi | 69 |
| IL-458377 Gravel · Power at road | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 8,329 | 12.4 mi | 66 |
Show adjustment detail for the top comp
- Tract size (697.81 ac → 401.79 ac)+18.2%
- Access (Dirt → Gravel)+16.3%
- 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.