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Cook County, IL · Sold

IL-398653

349 County Road 62

$617,600
$1,951/ac · 317 ac
Acreage317 ac
Price per acre$1,951/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedApr 20, 2026
Coordinates41.9433, -87.7134
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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
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,074 ft of deeded road frontage.

Power11,212 ft away

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

Buildable area260.16 of 316.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$886,066
$722,809$1,049,323 · $2,799/ac on 317 ac
Asking vs estimate
-30.3%
Priced below the comp set

Weighted from 6 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 $617,600
Maximum allowable offer
$506,323
$1,599/ac · +30.0% target margin

You need $111,277 off asking to hit this margin.

All-in cost$549,360
Net resale$815,181
Projected profit$265,820
ROI+48.4%
Annualized+69.3%
Break-even resale$1,886/ac
Profit if resale lands off target
-20%
$102,784
-10%
$184,302
0%
$265,820
+10%
$347,338
+20%
$428,857
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-398621
Landlocked · Power at road
309.3Aug 8, 2025$797,4002,5782,8704.8 mi
78
IL-358914
Dirt · Full utilities
382.5Feb 8, 2025$1,702,1004,4503,4875.9 mi
74
IL-897431
Gravel · Off grid
130.6Jul 27, 2026$594,9004,5543,0696.7 mi
73
IL-598232
Paved · Power at road
233.4Jan 13, 2025$693,1002,9701,7987.6 mi
68
IL-609787
Gravel · Off grid
719.9Sep 23, 2024$1,587,0002,2042,6206.2 mi
63
IL-929965
Dirt · Power at road
819.0Feb 18, 2025$1,938,9002,3682,8487.7 mi
62
Show adjustment detail for the top comp
  • Tract size (309.33 ac → 316.59 ac)-0.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (12 mo)+4.3%

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.