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Cook County, IL · Sold

IL-929965

9671 County Road 183

$2,350,200
$2,870/ac · 819 ac
Acreage819 ac
Price per acre$2,870/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 28, 2024
Coordinates41.9072, -87.5710
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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
24
Low risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,988 ft of deeded road frontage.

Power216 ft away

Power at or near the road.

Buildable area545.11 of 818.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,824,989
$1,357,600$2,292,379 · $2,228/ac on 819 ac
Asking vs estimate
+28.8%
Priced above 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 $2,350,200
Maximum allowable offer
$1,042,851
$1,273/ac · +30.0% target margin

You need $1,307,349 off asking to hit this margin.

All-in cost$1,131,493
Net resale$1,678,990
Projected profit$547,497
ROI+48.4%
Annualized+69.2%
Break-even resale$1,502/ac
Profit if resale lands off target
-20%
$211,699
-10%
$379,598
0%
$547,497
+10%
$715,396
+20%
$883,295
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-609787
Gravel · Off grid
719.9Sep 23, 2024$1,587,0002,2042,3143.7 mi
73
IL-398653
Dirt · Off grid
316.6Jul 27, 2026$565,1001,7851,5807.7 mi
72
IL-398621
Landlocked · Power at road
309.3Aug 8, 2025$797,4002,5782,5353.0 mi
71
IL-358914
Dirt · Full utilities
382.5Feb 8, 2025$1,702,1004,4503,0801.9 mi
69
IL-598232
Paved · Power at road
233.4Jan 13, 2025$693,1002,9701,5881.9 mi
62
Show adjustment detail for the top comp
  • Tract size (719.89 ac → 818.97 ac)-3.9%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (23 mo)+8.0%

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.