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Kankakee County, IL · Sold

IL-688938

1573 County Road 193

$1,497,400
$3,847/ac · 389 ac
Acreage389 ac
Price per acre$3,847/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedFeb 19, 2025
Coordinates41.2149, -87.7608
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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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands27.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

5,139 ft of deeded road frontage.

Power50 ft away

Power at or near the road.

Buildable area269.90 of 389.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,140,962
$1,805,306$2,476,619 · $5,501/ac on 389 ac
Asking vs estimate
-30.1%
Priced below 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 $1,497,400
Maximum allowable offer
$1,223,407
$3,143/ac · +30.0% target margin

You need $273,993 off asking to hit this margin.

All-in cost$1,327,397
Net resale$1,969,685
Projected profit$642,289
ROI+48.4%
Annualized+69.2%
Break-even resale$3,707/ac
Profit if resale lands off target
-20%
$248,352
-10%
$445,320
0%
$642,289
+10%
$839,257
+20%
$1,036,226
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-639127
Dirt · Full utilities
446.3Dec 18, 2025$2,672,2005,9875,2548.9 mi
78
IL-479020
Dirt · Off grid
413.0Aug 29, 2025$2,309,6005,5926,9678.9 mi
78
IL-858936
Landlocked · Off grid
388.6Jul 26, 2024$1,240,0003,1915,1554.6 mi
74
IL-329333
Landlocked · Off grid
518.1Sep 23, 2024$1,221,7002,3584,1276.3 mi
69
IL-607432
Dirt · Full utilities
130.7May 20, 2026$1,259,2009,6335,86810.1 mi
68
IL-867220
Gravel · Full utilities
112.1Mar 3, 2026$1,215,40010,8415,5097.9 mi
63
Show adjustment detail for the top comp
  • Tract size (446.3 ac → 389.19 ac)+4.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.