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Kankakee County, IL · Sold

IL-867220

9691 County Road 329

$1,359,500
$12,126/ac · 112 ac
Acreage112 ac
Price per acre$12,126/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedJul 1, 2025
Coordinates41.1423, -87.8791
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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

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
10
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope5.5%

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 area105.87 of 112.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,024,985
$834,799$1,215,172 · $9,143/ac on 112 ac
Asking vs estimate
+32.6%
Priced above 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 $1,359,500
Maximum allowable offer
$585,706
$5,224/ac · +30.0% target margin

You need $773,794 off asking to hit this margin.

All-in cost$635,491
Net resale$942,987
Projected profit$307,496
ROI+48.4%
Annualized+69.2%
Break-even resale$6,161/ac
Profit if resale lands off target
-20%
$118,898
-10%
$213,197
0%
$307,496
+10%
$401,794
+20%
$496,093
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-607432
Dirt · Full utilities
130.7May 20, 2026$1,259,2009,63311,7688.2 mi
81
IL-616740
Gravel · Off grid
79.2Mar 10, 2026$481,5006,0818,1685.2 mi
79
IL-146319
Landlocked · Off grid
58.4Jun 12, 2026$271,0004,6448,4813.7 mi
75
IL-516243
Gravel · Power at road
55.2Apr 26, 2026$345,5006,2546,5624.8 mi
75
IL-315894
Paved · Off grid
42.9Jul 27, 2026$406,4009,4739,3274.2 mi
72
IL-755826
Dirt · Power at road
40.8Oct 26, 2025$403,0009,86711,5805.3 mi
64
IL-605653
Paved · Full utilities
36.0Oct 17, 2024$413,10011,4668,1876.9 mi
59
IL-688938
Dirt · Power at road
389.2May 14, 2025$1,443,5003,7097,8307.9 mi
58
IL-858936
Landlocked · Off grid
388.6Jul 26, 2024$1,240,0003,19110,3383.8 mi
57
Show adjustment detail for the top comp
  • Tract size (130.72 ac → 112.11 ac)+4.0%
  • Access (Dirt → Gravel)+16.3%
  • Market time (3 mo)+1.0%

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.