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Iroquois County, IL · Sold

IL-716411

7012 County Road 319

$400,600
$6,421/ac · 62.39 ac
Acreage62.39 ac
Price per acre$6,421/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJul 26, 2025
Coordinates40.6851, -87.7960
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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

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

View Iroquois market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

727 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area53.05 of 62.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$402,051
$319,629$484,474 · $6,444/ac on 62.39 ac
Asking vs estimate
-0.4%
In line with the comp set

Weighted from 7 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 $400,600
Maximum allowable offer
$229,744
$3,682/ac · +30.0% target margin

You need $170,856 off asking to hit this margin.

All-in cost$249,272
Net resale$369,887
Projected profit$120,615
ROI+48.4%
Annualized+69.2%
Break-even resale$4,343/ac
Profit if resale lands off target
-20%
$46,638
-10%
$83,626
0%
$120,615
+10%
$157,604
+20%
$194,593
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-505591
Dirt · Off grid
34.5Jun 29, 2026$129,5003,7604,8365.2 mi
78
IL-157204
Dirt · Power at road
110.8May 1, 2025$528,5004,7697,01910.8 mi
67
IL-705062
Gravel · Off grid
23.5Jun 7, 2025$106,9004,5534,9540.7 mi
66
IL-774635
Landlocked · Power at road
17.2Sep 8, 2025$91,4005,3076,8654.2 mi
62
IL-844445
Landlocked · Power at road
15.0Oct 1, 2024$66,9004,4565,8924.0 mi
57
IL-177858
Gravel · Off grid
178.0Sep 20, 2024$803,1004,5127,79811.2 mi
55
IL-858738
Dirt · Power at road
336.7May 9, 2024$1,411,7004,1938,70912.7 mi
51
Show adjustment detail for the top comp
  • Tract size (34.45 ac → 62.39 ac)-10.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (2 mo)+0.5%

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.