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Kankakee County, IL · Sold

IL-502125

4997 County Road 169

$30,600
$10,929/ac · 2.80 ac
Acreage2.80 ac
Price per acre$10,929/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 8, 2025
Coordinates41.1792, -87.8498
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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
23
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

404 ft of deeded road frontage.

Power6,998 ft away

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

Buildable area2.18 of 2.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$40,295
$33,569$47,021 · $14,391/ac on 2.80 ac
Asking vs estimate
-24.1%
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 $30,600
Maximum allowable offer
$23,026
$8,223/ac · +30.0% target margin

You need $7,574 off asking to hit this margin.

All-in cost$24,983
Net resale$37,071
Projected profit$12,088
ROI+48.4%
Annualized+69.2%
Break-even resale$9,698/ac
Profit if resale lands off target
-20%
$4,674
-10%
$8,381
0%
$12,088
+10%
$15,795
+20%
$19,502
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-342400
Dirt · Off grid
3.4Jan 29, 2026$41,00012,01016,9553.6 mi
81
IL-652709
Landlocked · Off grid
4.3Dec 22, 2024$30,3007,08813,3383.7 mi
75
IL-872919
Gravel · Off grid
5.0Oct 7, 2025$51,30010,31712,8736.5 mi
70
IL-363476
Gravel · Full utilities
7.4Jul 27, 2026$140,90018,93816,2797.6 mi
70
IL-453584
Paved · Power at road
8.1Jul 25, 2025$105,90013,15212,2455.6 mi
69
IL-572531
Dirt · Full utilities
3.8Aug 22, 2024$60,90016,23716,9694.5 mi
69
IL-361184
Landlocked · Power at road
1.4Nov 21, 2024$8,9006,2969,8264.5 mi
68
IL-940447
Gravel · Off grid
0.8Jan 17, 2026$12,40014,96417,7303.3 mi
67
IL-832793
Gravel · Off grid
4.5Jan 6, 2024$46,30010,18913,5633.8 mi
67
IL-583562
Gravel · Power at road
7.9Aug 4, 2025$99,70012,58713,7982.4 mi
65
Show adjustment detail for the top comp
  • Tract size (3.41 ac → 2.8 ac)+0.6%
  • Access (Dirt → Paved)+37.2%
  • Market time (7 mo)+2.3%

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.