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Knox County, IL · Sold

IL-746606

2702 County Road 238

$621,100
$8,643/ac · 71.86 ac
Acreage71.86 ac
Price per acre$8,643/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedAug 4, 2024
Coordinates40.9515, -90.1771
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

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

View Knox market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,156 ft of deeded road frontage.

Power5 ft away

Power at or near the road.

Buildable area66.22 of 71.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$609,990
$510,359$709,621 · $8,489/ac on 71.86 ac
Asking vs estimate
+1.8%
In line with 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 $621,100
Maximum allowable offer
$348,566
$4,851/ac · +30.0% target margin

You need $272,534 off asking to hit this margin.

All-in cost$378,194
Net resale$561,191
Projected profit$182,996
ROI+48.4%
Annualized+69.2%
Break-even resale$5,721/ac
Profit if resale lands off target
-20%
$70,758
-10%
$126,877
0%
$182,996
+10%
$239,116
+20%
$295,235
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-565465
Gravel · Power at road
31.4May 6, 2026$297,0009,4458,1286.8 mi
79
IL-568642
Dirt · Off grid
314.1Jul 27, 2026$1,113,5003,5457,1762.1 mi
69
IL-867923
Gravel · Off grid
186.6Mar 18, 2025$1,254,4006,72410,6675.2 mi
64
IL-264740
Landlocked · Off grid
18.6Feb 25, 2026$130,6007,0199,7735.3 mi
64
IL-408126
Dirt · Power at road
216.1Aug 27, 2024$1,118,4005,1758,6404.6 mi
60
IL-944434
Paved · Full utilities
14.9Jul 6, 2025$174,50011,7136,5526.4 mi
58
Show adjustment detail for the top comp
  • Tract size (31.44 ac → 71.86 ac)-14.9%
  • Market time (3 mo)+1.2%

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.