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Iroquois County, IL · Sold

IL-505591

1222 County Road 273

$130,200
$3,779/ac · 34.45 ac
Acreage34.45 ac
Price per acre$3,779/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 7, 2025
Coordinates40.6738, -87.8933
Loading terrain…
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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope13.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,478 ft of deeded road frontage.

Power3,708 ft away

Service extension needed; get a utility quote.

Buildable area26.54 of 34.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$169,879
$147,280$192,478 · $4,931/ac on 34.45 ac
Asking vs estimate
-23.4%
Priced below 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 $130,200
Maximum allowable offer
$97,074
$2,818/ac · +30.0% target margin

You need $33,126 off asking to hit this margin.

All-in cost$105,325
Net resale$156,289
Projected profit$50,964
ROI+48.4%
Annualized+69.2%
Break-even resale$3,323/ac
Profit if resale lands off target
-20%
$19,706
-10%
$35,335
0%
$50,964
+10%
$66,592
+20%
$82,221
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-705062
Gravel · Off grid
23.5Jun 7, 2025$106,9004,5533,8735.7 mi
76
IL-716411
Dirt · Full utilities
62.4Sep 5, 2025$419,4006,7235,4645.2 mi
71
IL-774635
Landlocked · Power at road
17.2Sep 8, 2025$91,4005,3075,3676.3 mi
67
IL-157204
Dirt · Power at road
110.8May 1, 2025$528,5004,7695,48811.3 mi
59
IL-844445
Landlocked · Power at road
15.0Oct 1, 2024$66,9004,4564,6079.0 mi
59
Show adjustment detail for the top comp
  • Tract size (23.48 ac → 34.45 ac)-5.8%
  • Access (Gravel → Dirt)-14.0%
  • Market time (14 mo)+5.0%

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.