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Cook County, IL · Sold

IL-753766

8590 County Road 49

$71,500
$7,789/ac · 9.18 ac
Acreage9.18 ac
Price per acre$7,789/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJul 5, 2025
Coordinates41.8508, -87.5945
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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

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

View Cook market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands18.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

388 ft of deeded road frontage.

Power11,030 ft away

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

Buildable area7.09 of 9.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,882
$58,661$79,103 · $7,503/ac on 9.18 ac
Asking vs estimate
+3.8%
In line with 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 $71,500
Maximum allowable offer
$39,361
$4,288/ac · +30.0% target margin

You need $32,139 off asking to hit this margin.

All-in cost$42,707
Net resale$63,371
Projected profit$20,665
ROI+48.4%
Annualized+69.3%
Break-even resale$5,057/ac
Profit if resale lands off target
-20%
$7,990
-10%
$14,327
0%
$20,665
+10%
$27,002
+20%
$33,339
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-413650
Paved · Full utilities
8.4Jul 22, 2025$83,2009,8537,1294.8 mi
79
IL-923866
Gravel · Power at road
9.9Mar 7, 2024$76,0007,6958,5585.8 mi
75
IL-702989
Gravel · Power at road
5.2Jul 27, 2026$45,4008,6888,4419.0 mi
74
IL-144964
Dirt · Power at road
21.9Jul 27, 2026$103,4004,7276,0442.7 mi
74
IL-392670
Landlocked · Power at road
4.2Jul 27, 2026$16,2003,9115,5326.6 mi
72
IL-392200
Paved · Off grid
3.0Feb 14, 2026$26,2008,8898,5869.6 mi
68
IL-452273
Landlocked · Off grid
3.1Aug 27, 2025$14,5004,6647,9807.6 mi
63
IL-125137
Gravel · Power at road
24.8Dec 27, 2024$165,0006,6557,9412.5 mi
62
Show adjustment detail for the top comp
  • Tract size (8.44 ac → 9.18 ac)-0.6%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (13 mo)+4.5%

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.