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Will County, IL · Sold

IL-964976

2271 County Road 128

$248,000
$11,242/ac · 22.06 ac
Acreage22.06 ac
Price per acre$11,242/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJun 16, 2025
Coordinates41.3692, -87.9996
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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

Will County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Will market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4 ft away

Power at or near the road.

Buildable area17.69 of 22.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$206,189
$159,526$252,853 · $9,347/ac on 22.06 ac
Asking vs estimate
+20.3%
Priced above the comp set

Weighted from 8 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 $248,000
Maximum allowable offer
$117,822
$5,341/ac · +30.0% target margin

You need $130,178 off asking to hit this margin.

All-in cost$127,837
Net resale$189,694
Projected profit$61,857
ROI+48.4%
Annualized+69.3%
Break-even resale$6,299/ac
Profit if resale lands off target
-20%
$23,918
-10%
$42,888
0%
$61,857
+10%
$80,827
+20%
$99,796
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-863984
Gravel · Off grid
10.8Jul 27, 2026$50,4004,6916,0352.8 mi
76
IL-623308
Paved · Power at road
6.6Jul 27, 2026$52,8008,0057,1673.2 mi
75
IL-214763
Paved · Power at road
18.9Jul 10, 2024$207,90010,99511,7289.5 mi
73
IL-525246
Dirt · Power at road
26.8Oct 13, 2024$184,5006,87610,4539.4 mi
71
IL-425980
Gravel · Off grid
45.7Jun 2, 2025$276,9006,0659,9707.1 mi
69
IL-645867
Gravel · Power at road
42.1Aug 18, 2024$369,9008,79312,4778.5 mi
67
IL-794026
Paved · Full utilities
11.1Nov 17, 2024$121,50010,9568,93511.2 mi
63
IL-223596
Gravel · Full utilities
8.1Aug 7, 2024$70,0008,6208,1888.8 mi
57
Show adjustment detail for the top comp
  • Tract size (10.75 ac → 22.06 ac)-7.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.