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Cook County, IL · Sold

IL-923866

9323 County Road 178

$80,800
$8,186/ac · 9.87 ac
Acreage9.87 ac
Price per acre$8,186/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 12, 2024
Coordinates41.9059, -87.6790
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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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

376 ft of deeded road frontage.

Power25 ft away

Power at or near the road.

Buildable area8.52 of 9.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$71,891
$61,778$82,003 · $7,284/ac on 9.87 ac
Asking vs estimate
+12.4%
Priced above the comp set

Weighted from 8 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 $80,800
Maximum allowable offer
$41,080
$4,162/ac · +30.0% target margin

You need $39,720 off asking to hit this margin.

All-in cost$44,572
Net resale$66,139
Projected profit$21,568
ROI+48.4%
Annualized+69.3%
Break-even resale$4,909/ac
Profit if resale lands off target
-20%
$8,340
-10%
$14,954
0%
$21,568
+10%
$28,182
+20%
$34,796
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-753766
Paved · Off grid
9.2Aug 18, 2025$64,8007,0577,2885.8 mi
81
IL-702989
Gravel · Power at road
5.2Jul 27, 2026$45,4008,6888,3695.1 mi
80
IL-413650
Paved · Full utilities
8.4Jul 22, 2025$83,2009,8537,0682.1 mi
77
IL-392670
Landlocked · Power at road
4.2Jul 27, 2026$16,2003,9115,4853.7 mi
75
IL-144964
Dirt · Power at road
21.9Jul 27, 2026$103,4004,7275,9928.1 mi
73
IL-392200
Paved · Off grid
3.0Feb 14, 2026$26,2008,8898,5123.8 mi
66
IL-125137
Gravel · Power at road
24.8Dec 27, 2024$165,0006,6557,8737.4 mi
65
IL-452273
Landlocked · Off grid
3.1Aug 27, 2025$14,5004,6647,9122.0 mi
65
Show adjustment detail for the top comp
  • Tract size (9.18 ac → 9.87 ac)-0.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (12 mo)+4.2%

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.