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Will County, IL · Sold

IL-561631

2888 County Road 398

$15,700
$8,010/ac · 1.96 ac
Acreage1.96 ac
Price per acre$8,010/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 27, 2025
Coordinates41.4568, -88.0138
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

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

View Will market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
7
Low risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

202 ft of deeded road frontage.

Power1,230 ft away

Service extension needed; get a utility quote.

Buildable area1.72 of 1.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,033
$11,760$18,305 · $7,670/ac on 1.96 ac
Asking vs estimate
+4.4%
In line with the comp set

Weighted from 10 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
$8,590
$4,383/ac · +30.0% target margin

You need $7,110 off asking to hit this margin.

All-in cost$9,320
Net resale$13,830
Projected profit$4,510
ROI+48.4%
Annualized+69.3%
Break-even resale$5,169/ac
Profit if resale lands off target
-20%
$1,744
-10%
$3,127
0%
$4,510
+10%
$5,893
+20%
$7,276
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-641703
Dirt · Off grid
2.1Jul 27, 2026$18,7009,0999,1284.8 mi
94
IL-861958
Gravel · Power at road
2.5Dec 16, 2025$17,7007,1245,3814.0 mi
77
IL-841954
Gravel · Full utilities
2.5Jan 16, 2026$36,50014,7799,1164.5 mi
77
IL-230994
Landlocked · Full utilities
1.2Jun 15, 2026$12,40010,0728,8725.8 mi
76
IL-292821
Landlocked · Off grid
4.6Jul 27, 2026$19,5004,2125,4775.0 mi
75
IL-510440
Paved · Power at road
0.8Jul 27, 2026$9,00010,8036,6303.0 mi
75
IL-192723
Landlocked · Power at road
4.3Nov 17, 2025$34,8008,0659,1464.7 mi
72
IL-172447
Dirt · Power at road
3.5Jan 14, 2025$35,80010,1459,3391.0 mi
71
IL-690068
Gravel · Off grid
0.6Mar 17, 2026$5,9009,2988,0253.5 mi
69
IL-623308
Paved · Power at road
6.6Jul 27, 2026$52,8008,0055,1905.0 mi
69
Show adjustment detail for the top comp

    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.