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Kankakee County, IL · Sold

IL-872919

843 County Road 99

$58,600
$11,791/ac · 4.97 ac
Acreage4.97 ac
Price per acre$11,791/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedOct 30, 2024
Coordinates41.1384, -87.9630
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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

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

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.

Power13,466 ft away

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

Buildable area3.81 of 4.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$59,392
$50,166$68,619 · $11,950/ac on 4.97 ac
Asking vs estimate
-1.3%
In line with 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 $58,600
Maximum allowable offer
$33,938
$6,829/ac · +30.0% target margin

You need $24,662 off asking to hit this margin.

All-in cost$36,823
Net resale$54,641
Projected profit$17,818
ROI+48.4%
Annualized+69.3%
Break-even resale$8,053/ac
Profit if resale lands off target
-20%
$6,890
-10%
$12,354
0%
$17,818
+10%
$23,282
+20%
$28,746
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-363476
Gravel · Full utilities
7.4Jul 27, 2026$140,90018,93813,51611.2 mi
78
IL-832793
Gravel · Off grid
4.5Jan 6, 2024$46,30010,18911,2618.3 mi
78
IL-342400
Dirt · Off grid
3.4Jan 29, 2026$41,00012,01014,0775.6 mi
76
IL-484249
Gravel · Full utilities
13.0Jul 27, 2026$165,30012,6899,4684.8 mi
74
IL-173484
Landlocked · Power at road
7.5Jun 9, 2025$81,50010,88514,6055.8 mi
74
IL-502125
Paved · Off grid
2.8Feb 19, 2026$32,00011,4429,6946.5 mi
73
IL-583562
Gravel · Power at road
7.9Aug 4, 2025$99,70012,58711,4556.7 mi
72
IL-652709
Landlocked · Off grid
4.3Dec 22, 2024$30,3007,08811,0749.5 mi
72
IL-453584
Paved · Power at road
8.1Jul 25, 2025$105,90013,15210,1662.4 mi
71
IL-572531
Dirt · Full utilities
3.8Aug 22, 2024$60,90016,23714,0885.3 mi
69
Show adjustment detail for the top comp
  • Tract size (7.44 ac → 4.97 ac)+2.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.