← New search
Kankakee County, IL · Sold

IL-479020

422 County Road 249

$2,277,700
$5,515/ac · 413 ac
Acreage413 ac
Price per acre$5,515/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedNov 3, 2024
Coordinates41.0889, -87.8003
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands2.3% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,928 ft away

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

Buildable area383.34 of 413.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,678,678
$1,426,225$1,931,130 · $4,064/ac on 413 ac
Asking vs estimate
+35.7%
Priced above the comp set

Weighted from 5 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 $2,277,700
Maximum allowable offer
$959,244
$2,323/ac · +30.0% target margin

You need $1,318,456 off asking to hit this margin.

All-in cost$1,040,780
Net resale$1,544,383
Projected profit$503,604
ROI+48.4%
Annualized+69.2%
Break-even resale$2,739/ac
Profit if resale lands off target
-20%
$194,727
-10%
$349,165
0%
$503,604
+10%
$658,042
+20%
$812,480
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-639127
Dirt · Full utilities
446.3Dec 18, 2025$2,672,2005,9874,3886.3 mi
81
IL-688938
Dirt · Power at road
389.2May 14, 2025$1,443,5003,7093,2618.9 mi
76
IL-858936
Landlocked · Off grid
388.6Jul 26, 2024$1,240,0003,1914,3057.3 mi
73
IL-607432
Dirt · Full utilities
130.7May 20, 2026$1,259,2009,6334,9012.7 mi
73
IL-329333
Landlocked · Off grid
518.1Sep 23, 2024$1,221,7002,3583,4478.3 mi
70
Show adjustment detail for the top comp
  • Tract size (446.3 ac → 413.01 ac)+2.3%
  • 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.