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Cook County, IL · Sold

IL-609787

7759 County Road 338

$1,517,200
$2,108/ac · 720 ac
Acreage720 ac
Price per acre$2,108/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 30, 2023
Coordinates41.9586, -87.5943
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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
11
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,869 ft of deeded road frontage.

Power5,780 ft away

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

Buildable area678.42 of 719.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,683,867
$1,249,441$2,118,292 · $2,339/ac on 720 ac
Asking vs estimate
-9.9%
Priced below 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 $1,517,200
Maximum allowable offer
$962,210
$1,337/ac · +30.0% target margin

You need $554,990 off asking to hit this margin.

All-in cost$1,043,998
Net resale$1,549,157
Projected profit$505,160
ROI+48.4%
Annualized+69.2%
Break-even resale$1,576/ac
Profit if resale lands off target
-20%
$195,328
-10%
$350,244
0%
$505,160
+10%
$660,075
+20%
$814,991
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-398653
Dirt · Off grid
316.6Jul 27, 2026$565,1001,7851,6256.2 mi
75
IL-929965
Dirt · Power at road
819.0Feb 18, 2025$1,938,9002,3682,5873.7 mi
74
IL-358914
Dirt · Full utilities
382.5Feb 8, 2025$1,702,1004,4503,1672.7 mi
71
IL-398621
Landlocked · Power at road
309.3Aug 8, 2025$797,4002,5782,6073.4 mi
66
IL-598232
Paved · Power at road
233.4Jan 13, 2025$693,1002,9701,6335.2 mi
59
Show adjustment detail for the top comp
  • Tract size (316.59 ac → 719.89 ac)-21.9%
  • 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.