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Cook County, IL · Sold

IL-125137

4298 County Road 27

$159,700
$6,442/ac · 24.79 ac
Acreage24.79 ac
Price per acre$6,442/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 31, 2024
Coordinates41.8154, -87.6012
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power87 ft away

Power at or near the road.

Buildable area22.44 of 24.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$158,284
$140,024$176,545 · $6,385/ac on 24.79 ac
Asking vs estimate
+0.9%
In line with the comp set

Weighted from 5 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 $159,700
Maximum allowable offer
$90,448
$3,649/ac · +30.0% target margin

You need $69,252 off asking to hit this margin.

All-in cost$98,136
Net resale$145,622
Projected profit$47,486
ROI+48.4%
Annualized+69.3%
Break-even resale$4,303/ac
Profit if resale lands off target
-20%
$18,361
-10%
$32,923
0%
$47,486
+10%
$62,048
+20%
$76,610
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-144964
Dirt · Power at road
21.9Jul 27, 2026$103,4004,7275,4131.0 mi
88
IL-495630
Paved · Off grid
35.4Sep 8, 2025$203,2005,7356,2908.5 mi
70
IL-753766
Paved · Off grid
9.2Aug 18, 2025$64,8007,0576,5832.5 mi
65
IL-923866
Gravel · Power at road
9.9Mar 7, 2024$76,0007,6957,6647.4 mi
62
IL-413650
Paved · Full utilities
8.4Jul 22, 2025$83,2009,8536,3845.9 mi
62
Show adjustment detail for the top comp
  • Tract size (21.87 ac → 24.79 ac)-1.7%
  • Access (Dirt → Gravel)+16.3%

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.