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Will County, IL · Sold

IL-841954

1508 County Road 278

$34,600
$14,008/ac · 2.47 ac
Acreage2.47 ac
Price per acre$14,008/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedJul 6, 2025
Coordinates41.4610, -87.9266
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

260 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.19 of 2.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,788
$23,242$36,333 · $12,060/ac on 2.47 ac
Asking vs estimate
+16.2%
Priced above 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 $34,600
Maximum allowable offer
$17,021
$6,891/ac · +30.0% target margin

You need $17,579 off asking to hit this margin.

All-in cost$18,468
Net resale$27,405
Projected profit$8,937
ROI+48.4%
Annualized+69.3%
Break-even resale$8,127/ac
Profit if resale lands off target
-20%
$3,456
-10%
$6,196
0%
$8,937
+10%
$11,677
+20%
$14,418
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-861958
Gravel · Power at road
2.5Dec 16, 2025$17,7007,1248,9352.1 mi
85
IL-561631
Dirt · Off grid
2.0Jun 4, 2026$13,7007,00911,7354.5 mi
80
IL-641703
Dirt · Off grid
2.1Jul 27, 2026$18,7009,09915,1588.6 mi
80
IL-292821
Landlocked · Off grid
4.6Jul 27, 2026$19,5004,2129,0957.5 mi
78
IL-230994
Landlocked · Full utilities
1.2Jun 15, 2026$12,40010,07214,7324.5 mi
76
IL-510440
Paved · Power at road
0.8Jul 27, 2026$9,00010,80311,0106.1 mi
74
IL-143104
Gravel · Power at road
5.7Jun 10, 2025$48,6008,55111,2854.9 mi
72
IL-623308
Paved · Power at road
6.6Jul 27, 2026$52,8008,0058,6184.5 mi
72
IL-172447
Dirt · Power at road
3.5Jan 14, 2025$35,80010,14515,5085.2 mi
69
IL-192723
Landlocked · Power at road
4.3Nov 17, 2025$34,8008,06515,1877.7 mi
69
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (8 mo)+2.8%

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.