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Kankakee County, IL · Sold

IL-605653

312 County Road 93

$474,300
$13,164/ac · 36.03 ac
Acreage36.03 ac
Price per acre$13,164/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedNov 16, 2023
Coordinates41.2240, -87.9556
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

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

View Kankakee market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,462 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.94 of 36.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$515,069
$421,991$608,148 · $14,296/ac on 36.03 ac
Asking vs estimate
-7.9%
Priced below the comp set

Weighted from 9 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 $474,300
Maximum allowable offer
$294,325
$8,169/ac · +30.0% target margin

You need $179,975 off asking to hit this margin.

All-in cost$319,343
Net resale$473,864
Projected profit$154,521
ROI+48.4%
Annualized+69.2%
Break-even resale$9,634/ac
Profit if resale lands off target
-20%
$59,748
-10%
$107,135
0%
$154,521
+10%
$201,907
+20%
$249,294
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-315894
Paved · Off grid
42.9Jul 27, 2026$406,4009,47314,0653.6 mi
86
IL-146319
Landlocked · Off grid
58.4Jun 12, 2026$271,0004,64412,7906.4 mi
75
IL-755826
Dirt · Power at road
40.8Oct 26, 2025$403,0009,86717,46312.2 mi
73
IL-484249
Gravel · Full utilities
13.0Jul 27, 2026$165,30012,68913,0854.6 mi
73
IL-725442
Dirt · Power at road
30.9Mar 19, 2025$258,7008,36614,4566.2 mi
73
IL-516243
Gravel · Power at road
55.2Apr 26, 2026$345,5006,2549,89510.9 mi
72
IL-616740
Gravel · Off grid
79.2Mar 10, 2026$481,5006,08112,31710.0 mi
71
IL-867220
Gravel · Full utilities
112.1Mar 3, 2026$1,215,40010,84116,6606.9 mi
67
IL-714760
Gravel · Power at road
18.9May 16, 2024$248,70013,17918,8606.4 mi
62
Show adjustment detail for the top comp
  • Tract size (42.9 ac → 36.03 ac)+3.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.