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Kankakee County, IL · Sold

IL-755826

2138 County Road 139

$385,600
$9,442/ac · 40.84 ac
Acreage40.84 ac
Price per acre$9,442/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 6, 2025
Coordinates41.0737, -87.8327
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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power145 ft away

Power at or near the road.

Buildable area34.41 of 40.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$336,020
$274,375$397,666 · $8,228/ac on 40.84 ac
Asking vs estimate
+14.8%
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 $385,600
Maximum allowable offer
$192,012
$4,702/ac · +30.0% target margin

You need $193,588 off asking to hit this margin.

All-in cost$208,333
Net resale$309,139
Projected profit$100,806
ROI+48.4%
Annualized+69.2%
Break-even resale$5,545/ac
Profit if resale lands off target
-20%
$38,978
-10%
$69,892
0%
$100,806
+10%
$131,720
+20%
$162,634
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-315894
Paved · Off grid
42.9Jul 27, 2026$406,4009,4738,2159.4 mi
82
IL-516243
Gravel · Power at road
55.2Apr 26, 2026$345,5006,2545,7804.5 mi
80
IL-146319
Landlocked · Off grid
58.4Jun 12, 2026$271,0004,6447,4707.2 mi
77
IL-725442
Dirt · Power at road
30.9Mar 19, 2025$258,7008,3668,4446.0 mi
75
IL-484249
Gravel · Full utilities
13.0Jul 27, 2026$165,30012,6897,6438.0 mi
73
IL-607432
Dirt · Full utilities
130.7May 20, 2026$1,259,2009,63310,3654.0 mi
71
IL-616740
Gravel · Off grid
79.2Mar 10, 2026$481,5006,0817,1946.6 mi
70
IL-605653
Paved · Full utilities
36.0Oct 17, 2024$413,10011,4667,21212.2 mi
68
IL-867220
Gravel · Full utilities
112.1Mar 3, 2026$1,215,40010,8419,7315.3 mi
67
IL-714760
Gravel · Power at road
18.9May 16, 2024$248,70013,17911,0167.9 mi
62
Show adjustment detail for the top comp
  • Tract size (42.9 ac → 40.84 ac)+0.9%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%

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.