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Kankakee County, IL · Sold

IL-607432

6122 County Road 348

$1,245,500
$9,528/ac · 131 ac
Acreage131 ac
Price per acre$9,528/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedApr 27, 2025
Coordinates41.0687, -87.7558
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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

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,839 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area106.55 of 130.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,056,385
$835,448$1,277,323 · $8,081/ac on 131 ac
Asking vs estimate
+17.9%
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 $1,245,500
Maximum allowable offer
$603,649
$4,618/ac · +30.0% target margin

You need $641,851 off asking to hit this margin.

All-in cost$654,959
Net resale$971,875
Projected profit$316,915
ROI+48.4%
Annualized+69.2%
Break-even resale$5,446/ac
Profit if resale lands off target
-20%
$122,540
-10%
$219,728
0%
$316,915
+10%
$414,103
+20%
$511,290
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-867220
Gravel · Full utilities
112.1Mar 3, 2026$1,215,40010,8419,1348.2 mi
79
IL-146319
Landlocked · Off grid
58.4Jun 12, 2026$271,0004,6447,01210.9 mi
73
IL-616740
Gravel · Off grid
79.2Mar 10, 2026$481,5006,0816,7536.6 mi
73
IL-315894
Paved · Off grid
42.9Jul 27, 2026$406,4009,4737,71111.6 mi
70
IL-516243
Gravel · Power at road
55.2Apr 26, 2026$345,5006,2545,4254.5 mi
70
IL-639127
Dirt · Full utilities
446.3Dec 18, 2025$2,672,2005,9878,7119.0 mi
70
IL-479020
Dirt · Off grid
413.0Aug 29, 2025$2,309,6005,59211,5512.7 mi
67
IL-755826
Dirt · Power at road
40.8Oct 26, 2025$403,0009,8679,5744.0 mi
66
IL-688938
Dirt · Power at road
389.2May 14, 2025$1,443,5003,7096,47410.1 mi
61
IL-858936
Landlocked · Off grid
388.6Jul 26, 2024$1,240,0003,1918,5489.5 mi
55
Show adjustment detail for the top comp
  • Tract size (112.11 ac → 130.72 ac)-3.9%
  • Access (Gravel → Dirt)-14.0%
  • Market time (5 mo)+1.9%

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.