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Knox County, IL · Sold

IL-870146

1518 County Road 375

$4,900
$7,313/ac · 0.67 ac
Acreage0.67 ac
Price per acre$7,313/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 25, 2025
Coordinates40.8687, -90.2225
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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

5 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power936 ft away

Service extension needed; get a utility quote.

Buildable area0.52 of 0.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,158
$3,544$4,772 · $6,206/ac on 0.67 ac
Asking vs estimate
+17.8%
Priced above the comp set

Weighted from 7 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 $4,900
Maximum allowable offer
$2,376
$3,546/ac · +30.0% target margin

You need $2,524 off asking to hit this margin.

All-in cost$2,578
Net resale$3,825
Projected profit$1,247
ROI+48.4%
Annualized+69.3%
Break-even resale$4,182/ac
Profit if resale lands off target
-20%
$482
-10%
$865
0%
$1,247
+10%
$1,630
+20%
$2,013
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-932800
Gravel · Off grid
4.6Jul 27, 2026$39,8008,7316,1826.5 mi
69
IL-111589
Landlocked · Full utilities
1.9Jun 1, 2026$17,8009,3556,6579.3 mi
69
IL-972682
Gravel · Off grid
4.2May 24, 2026$43,90010,4807,4490.9 mi
68
IL-690799
Gravel · Power at road
1.1Mar 28, 2025$8,1007,6154,6776.5 mi
67
IL-452676
Landlocked · Full utilities
4.2Apr 4, 2026$38,4009,2156,7481.9 mi
66
IL-971403
Landlocked · Off grid
1.7Jul 16, 2025$10,3006,2346,5849.0 mi
66
IL-762215
Landlocked · Full utilities
3.0Sep 17, 2025$20,2006,7645,0088.9 mi
60
Show adjustment detail for the top comp
  • Tract size (4.56 ac → 0.67 ac)+3.9%
  • Access (Gravel → Landlocked)-32.0%

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.