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Cook County, IL · Sold

IL-358914

8374 County Road 319

$1,812,700
$4,739/ac · 382 ac
Acreage382 ac
Price per acre$4,739/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedAug 29, 2024
Coordinates41.9200, -87.6037
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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
28
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area308.49 of 382.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,288,370
$1,018,084$1,558,655 · $3,368/ac on 382 ac
Asking vs estimate
+40.7%
Priced above 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 $1,812,700
Maximum allowable offer
$736,211
$1,925/ac · +30.0% target margin

You need $1,076,489 off asking to hit this margin.

All-in cost$798,789
Net resale$1,185,300
Projected profit$386,511
ROI+48.4%
Annualized+69.2%
Break-even resale$2,270/ac
Profit if resale lands off target
-20%
$149,451
-10%
$267,981
0%
$386,511
+10%
$505,041
+20%
$623,571
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-398653
Dirt · Off grid
316.6Jul 27, 2026$565,1001,7852,4295.9 mi
85
IL-398621
Landlocked · Power at road
309.3Aug 8, 2025$797,4002,5783,8971.3 mi
77
IL-609787
Gravel · Off grid
719.9Sep 23, 2024$1,587,0002,2043,5572.7 mi
70
IL-929965
Dirt · Power at road
819.0Feb 18, 2025$1,938,9002,3683,8661.9 mi
69
IL-897431
Gravel · Off grid
130.6Jul 27, 2026$594,9004,5544,1667.3 mi
69
IL-598232
Paved · Power at road
233.4Jan 13, 2025$693,1002,9702,4402.6 mi
68
Show adjustment detail for the top comp
  • Tract size (316.59 ac → 382.48 ac)-5.4%
  • Utilities (Off grid → Full utilities)+43.5%

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.