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DeKalb County, IL · Sold

IL-640420

362 County Road 196

$16,600
$20,494/ac · 0.81 ac
Acreage0.81 ac
Price per acre$20,494/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedSep 6, 2023
Coordinates41.9124, -88.7548
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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

DeKalb County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View DeKalb market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
18
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.72 of 0.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,285
$12,445$22,125 · $21,339/ac on 0.81 ac
Asking vs estimate
-4.0%
In line with 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 $16,600
Maximum allowable offer
$9,877
$12,194/ac · +30.0% target margin

You need $6,723 off asking to hit this margin.

All-in cost$10,717
Net resale$15,902
Projected profit$5,186
ROI+48.4%
Annualized+69.3%
Break-even resale$14,381/ac
Profit if resale lands off target
-20%
$2,005
-10%
$3,595
0%
$5,186
+10%
$6,776
+20%
$8,366
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-740489
Gravel · Full utilities
0.9Jul 27, 2026$11,10012,93315,3025.4 mi
87
IL-720975
Paved · Power at road
1.2Oct 31, 2025$16,50013,55417,1572.8 mi
77
IL-861969
Gravel · Full utilities
2.5Jul 27, 2026$35,00014,01916,8655.6 mi
71
IL-861816
Landlocked · Power at road
2.2Feb 2, 2026$24,80011,08924,3525.5 mi
66
IL-792656
Paved · Full utilities
4.1Sep 3, 2024$127,70031,06734,7246.3 mi
63
IL-332472
Dirt · Off grid
3.6Dec 28, 2023$37,80010,48923,5886.9 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%

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.