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Will County, IL · Sold

IL-147518

5215 County Road 128

$992,100
$7,131/ac · 139 ac
Acreage139 ac
Price per acre$7,131/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 11, 2024
Coordinates41.4815, -88.0569
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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

1 item to verify before you offer.

Risk index
21
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power48 ft away

Power at or near the road.

Buildable area119.88 of 139.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,016,857
$816,479$1,217,235 · $7,309/ac on 139 ac
Asking vs estimate
-2.4%
In line with the comp set

Weighted from 9 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 $992,100
Maximum allowable offer
$581,061
$4,176/ac · +30.0% target margin

You need $411,039 off asking to hit this margin.

All-in cost$630,451
Net resale$935,509
Projected profit$305,057
ROI+48.4%
Annualized+69.2%
Break-even resale$4,925/ac
Profit if resale lands off target
-20%
$117,956
-10%
$211,506
0%
$305,057
+10%
$398,608
+20%
$492,159
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-926734
Landlocked · Power at road
78.8Jul 27, 2026$312,1003,9585,9781.3 mi
81
IL-107565
Gravel · Power at road
143.9May 30, 2024$984,2006,8378,8971.9 mi
77
IL-378887
Gravel · Off grid
375.1Mar 2, 2026$1,449,8003,8657,2323.2 mi
69
IL-749118
Paved · Power at road
443.4Jul 17, 2025$2,375,6005,3587,7863.5 mi
67
IL-898836
Gravel · Power at road
361.5Feb 17, 2026$1,215,4003,3625,29710.7 mi
66
IL-776754
Dirt · Full utilities
80.0Dec 15, 2023$701,6008,7719,5608.3 mi
65
IL-645867
Gravel · Power at road
42.1Aug 18, 2024$369,9008,7938,5580.4 mi
62
IL-688620
Gravel · Off grid
309.1Jul 24, 2024$903,1002,9225,5069.3 mi
58
IL-425980
Gravel · Off grid
45.7Jun 2, 2025$276,9006,0656,83812.1 mi
57
Show adjustment detail for the top comp
  • Tract size (78.84 ac → 139.13 ac)-13.2%
  • Access (Landlocked → Paved)+73.5%

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.