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Cook County, IL · Sold

IL-232028

2255 County Road 156

$28,900
$11,073/ac · 2.61 ac
Acreage2.61 ac
Price per acre$11,073/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 18, 2024
Coordinates41.9350, -87.6987
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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
15
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power118 ft away

Power at or near the road.

Buildable area2.37 of 2.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,478
$17,870$27,086 · $8,612/ac on 2.61 ac
Asking vs estimate
+28.6%
Priced above the comp set

Weighted from 7 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 $28,900
Maximum allowable offer
$12,845
$4,921/ac · +30.0% target margin

You need $16,055 off asking to hit this margin.

All-in cost$13,937
Net resale$20,680
Projected profit$6,743
ROI+48.4%
Annualized+69.2%
Break-even resale$5,804/ac
Profit if resale lands off target
-20%
$2,607
-10%
$4,675
0%
$6,743
+10%
$8,811
+20%
$10,879
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-801709
Dirt · Power at road
2.1Jul 27, 2026$10,0004,8526,6363.0 mi
85
IL-392200
Paved · Off grid
3.0Feb 14, 2026$26,2008,88910,7122.1 mi
84
IL-452273
Landlocked · Off grid
3.1Aug 27, 2025$14,5004,6649,9561.9 mi
82
IL-392670
Landlocked · Power at road
4.2Jul 27, 2026$16,2003,9116,9023.7 mi
81
IL-702989
Gravel · Power at road
5.2Jul 27, 2026$45,4008,68810,5323.9 mi
77
IL-251614
Gravel · Off grid
1.9Aug 23, 2024$8,4004,3376,4784.7 mi
69
IL-413650
Paved · Full utilities
8.4Jul 22, 2025$83,2009,8538,8944.2 mi
65
Show adjustment detail for the top comp
  • Tract size (2.07 ac → 2.61 ac)-0.5%
  • Access (Dirt → Paved)+37.2%

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.