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Knox County, IL · Sold

IL-972682

7592 County Road 280

$42,800
$10,215/ac · 4.19 ac
Acreage4.19 ac
Price per acre$10,215/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJun 5, 2025
Coordinates40.8756, -90.2375
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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

Knox County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Knox market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,168 ft away

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

Buildable area3.90 of 4.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,516
$30,303$40,730 · $8,476/ac on 4.19 ac
Asking vs estimate
+20.5%
Priced above 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 $42,800
Maximum allowable offer
$20,295
$4,844/ac · +30.0% target margin

You need $22,505 off asking to hit this margin.

All-in cost$22,020
Net resale$32,675
Projected profit$10,655
ROI+48.4%
Annualized+69.2%
Break-even resale$5,712/ac
Profit if resale lands off target
-20%
$4,120
-10%
$7,387
0%
$10,655
+10%
$13,922
+20%
$17,190
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-932800
Gravel · Off grid
4.6Jul 27, 2026$39,8008,7318,7805.8 mi
89
IL-452676
Landlocked · Full utilities
4.2Apr 4, 2026$38,4009,2159,5841.1 mi
86
IL-762215
Landlocked · Full utilities
3.0Sep 17, 2025$20,2006,7647,1138.5 mi
71
IL-111589
Landlocked · Full utilities
1.9Jun 1, 2026$17,8009,3559,4569.2 mi
69
IL-963362
Gravel · Power at road
6.8May 14, 2024$45,0006,5696,2615.5 mi
67
IL-971403
Landlocked · Off grid
1.7Jul 16, 2025$10,3006,2349,3518.2 mi
64
Show adjustment detail for the top comp

    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.