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Wayne County, IL · Sold

IL-343276

1594 County Road 39

$58,100
$9,022/ac · 6.44 ac
Acreage6.44 ac
Price per acre$9,022/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 30, 2024
Coordinates38.4354, -88.3889
Loading terrain…
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
47
Moderate risk
Wetlands41.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

646 ft of deeded road frontage.

Power6,326 ft away

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

Buildable area3.60 of 6.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$71,378
$55,557$87,199 · $11,084/ac on 6.44 ac
Asking vs estimate
-18.6%
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 $58,100
Maximum allowable offer
$40,787
$6,333/ac · +30.0% target margin

You need $17,313 off asking to hit this margin.

All-in cost$44,254
Net resale$65,668
Projected profit$21,414
ROI+48.4%
Annualized+69.3%
Break-even resale$7,469/ac
Profit if resale lands off target
-20%
$8,280
-10%
$14,847
0%
$21,414
+10%
$27,981
+20%
$34,547
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-863522
Paved · Off grid
7.7Jun 3, 2026$132,70017,23712,8076.7 mi
86
IL-243219
Gravel · Off grid
6.2Jul 1, 2025$89,40014,46612,9986.6 mi
78
IL-393472
Dirt · Power at road
7.4Nov 23, 2024$107,70014,52113,3523.0 mi
76
IL-503165
Gravel · Power at road
5.9May 10, 2025$68,30011,4938,8097.6 mi
74
IL-294581
Landlocked · Off grid
16.6Jan 16, 2026$154,6009,33213,0763.0 mi
70
IL-801864
Landlocked · Power at road
2.3Jul 27, 2026$16,0006,9077,1616.6 mi
70
IL-554714
Gravel · Full utilities
18.3Apr 3, 2025$221,10012,1188,4002.0 mi
63
Show adjustment detail for the top comp
  • Tract size (7.7 ac → 6.44 ac)+1.1%
  • Access (Paved → Dirt)-27.1%
  • Market time (2 mo)+0.8%

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.