← New search
Kankakee County, IL · Sold

IL-453584

4179 County Road 51

$119,500
$14,845/ac · 8.05 ac
Acreage8.05 ac
Price per acre$14,845/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedOct 25, 2024
Coordinates41.1723, -87.9562
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
11
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

467 ft of deeded road frontage.

Power107 ft away

Power at or near the road.

Buildable area6.86 of 8.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$132,570
$112,216$152,924 · $16,468/ac on 8.05 ac
Asking vs estimate
-9.9%
Priced below 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 $119,500
Maximum allowable offer
$75,754
$9,410/ac · +30.0% target margin

You need $43,746 off asking to hit this margin.

All-in cost$82,193
Net resale$121,965
Projected profit$39,772
ROI+48.4%
Annualized+69.3%
Break-even resale$11,098/ac
Profit if resale lands off target
-20%
$15,379
-10%
$27,575
0%
$39,772
+10%
$51,968
+20%
$64,165
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-363476
Gravel · Full utilities
7.4Jul 27, 2026$140,90018,93818,26311.8 mi
81
IL-583562
Gravel · Power at road
7.9Aug 4, 2025$99,70012,58715,4796.5 mi
80
IL-173484
Landlocked · Power at road
7.5Jun 9, 2025$81,50010,88519,7343.4 mi
79
IL-484249
Gravel · Full utilities
13.0Jul 27, 2026$165,30012,68912,7943.5 mi
78
IL-502125
Paved · Off grid
2.8Feb 19, 2026$32,00011,44213,0995.6 mi
73
IL-872919
Gravel · Off grid
5.0Oct 7, 2025$51,30010,31714,4422.4 mi
73
IL-342400
Dirt · Off grid
3.4Jan 29, 2026$41,00012,01019,0213.5 mi
69
IL-652709
Landlocked · Off grid
4.3Dec 22, 2024$30,3007,08814,9639.0 mi
67
IL-572531
Dirt · Full utilities
3.8Aug 22, 2024$60,90016,23719,0373.0 mi
63
IL-714760
Gravel · Power at road
18.9May 16, 2024$248,70013,17918,4406.0 mi
61
Show adjustment detail for the top comp
  • Tract size (7.44 ac → 8.05 ac)-0.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.