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Kankakee County, IL · Sold

IL-342400

7403 County Road 135

$43,200
$12,669/ac · 3.41 ac
Acreage3.41 ac
Price per acre$12,669/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 18, 2025
Coordinates41.2081, -87.9077
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

181 ft of deeded road frontage.

Power10,582 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.05 of 3.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,271
$28,524$40,017 · $10,050/ac on 3.41 ac
Asking vs estimate
+26.1%
Priced above the comp set

Weighted from 10 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 $43,200
Maximum allowable offer
$19,583
$5,743/ac · +30.0% target margin

You need $23,617 off asking to hit this margin.

All-in cost$21,248
Net resale$31,529
Projected profit$10,281
ROI+48.4%
Annualized+69.3%
Break-even resale$6,773/ac
Profit if resale lands off target
-20%
$3,976
-10%
$7,128
0%
$10,281
+10%
$13,434
+20%
$16,587
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-572531
Dirt · Full utilities
3.8Aug 22, 2024$60,90016,23712,2941.0 mi
82
IL-502125
Paved · Off grid
2.8Feb 19, 2026$32,00011,4428,4593.6 mi
81
IL-363476
Gravel · Full utilities
7.4Jul 27, 2026$140,90018,93811,79411.1 mi
75
IL-872919
Gravel · Off grid
5.0Oct 7, 2025$51,30010,3179,3275.6 mi
74
IL-652709
Landlocked · Off grid
4.3Dec 22, 2024$30,3007,0889,6637.2 mi
72
IL-832793
Gravel · Off grid
4.5Jan 6, 2024$46,30010,1899,8277.4 mi
67
IL-173484
Landlocked · Power at road
7.5Jun 9, 2025$81,50010,88512,7452.8 mi
66
IL-453584
Paved · Power at road
8.1Jul 25, 2025$105,90013,1528,8723.5 mi
66
IL-583562
Gravel · Power at road
7.9Aug 4, 2025$99,70012,5879,9975.7 mi
65
IL-361184
Landlocked · Power at road
1.4Nov 21, 2024$8,9006,2967,1190.9 mi
64
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (24 mo)+8.3%

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.