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Cook County, IL · Sold

IL-251614

7021 County Road 318

$9,700
$5,026/ac · 1.93 ac
Acreage1.93 ac
Price per acre$5,026/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 19, 2024
Coordinates41.9025, -87.6176
Loading terrain…
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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,714 ft away

Service extension needed; get a utility quote.

Buildable area1.82 of 1.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,617
$10,197$15,037 · $6,537/ac on 1.93 ac
Asking vs estimate
-23.1%
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 $9,700
Maximum allowable offer
$7,210
$3,736/ac · +30.0% target margin

You need $2,490 off asking to hit this margin.

All-in cost$7,823
Net resale$11,608
Projected profit$3,785
ROI+48.4%
Annualized+69.2%
Break-even resale$4,406/ac
Profit if resale lands off target
-20%
$1,463
-10%
$2,624
0%
$3,785
+10%
$4,945
+20%
$6,106
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-801709
Dirt · Power at road
2.1Jul 27, 2026$10,0004,8524,8132.2 mi
91
IL-392200
Paved · Off grid
3.0Feb 14, 2026$26,2008,8897,7696.7 mi
75
IL-392670
Landlocked · Power at road
4.2Jul 27, 2026$16,2003,9115,0052.9 mi
75
IL-702989
Gravel · Power at road
5.2Jul 27, 2026$45,4008,6887,6385.2 mi
74
IL-452273
Landlocked · Off grid
3.1Aug 27, 2025$14,5004,6647,2215.2 mi
72
IL-232028
Paved · Power at road
2.6Nov 24, 2024$24,3009,3127,2434.7 mi
70
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.