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Kankakee County, IL · Sold

IL-858936

8433 County Road 79

$1,312,200
$3,376/ac · 389 ac
Acreage389 ac
Price per acre$3,376/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedSep 6, 2023
Coordinates41.1895, -87.8416
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope17.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,368 ft away

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

Buildable area298.78 of 388.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,373,426
$1,096,481$1,650,370 · $3,534/ac on 389 ac
Asking vs estimate
-4.5%
In line with the comp set

Weighted from 6 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 $1,312,200
Maximum allowable offer
$784,815
$2,019/ac · +30.0% target margin

You need $527,385 off asking to hit this margin.

All-in cost$851,524
Net resale$1,263,552
Projected profit$412,027
ROI+48.4%
Annualized+69.2%
Break-even resale$2,382/ac
Profit if resale lands off target
-20%
$159,317
-10%
$285,672
0%
$412,027
+10%
$538,382
+20%
$664,738
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-639127
Dirt · Full utilities
446.3Dec 18, 2025$2,672,2005,9873,5334.5 mi
78
IL-479020
Dirt · Off grid
413.0Aug 29, 2025$2,309,6005,5924,6857.3 mi
78
IL-688938
Dirt · Power at road
389.2May 14, 2025$1,443,5003,7092,6254.6 mi
77
IL-329333
Landlocked · Off grid
518.1Sep 23, 2024$1,221,7002,3582,7751.9 mi
76
IL-867220
Gravel · Full utilities
112.1Mar 3, 2026$1,215,40010,8413,7043.8 mi
66
IL-607432
Dirt · Full utilities
130.7May 20, 2026$1,259,2009,6333,9469.5 mi
66
Show adjustment detail for the top comp
  • Tract size (446.3 ac → 388.63 ac)+4.2%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (8 mo)+2.8%

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.