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Knox County, IL · Sold

IL-264740

5028 County Road 323

$124,700
$6,704/ac · 18.60 ac
Acreage18.60 ac
Price per acre$6,704/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedNov 4, 2025
Coordinates40.8763, -90.1553
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

4 items to verify before you offer.

Risk index
56
High risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope24.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power9,378 ft away

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

Buildable area10.70 of 18.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$102,700
$86,985$118,416 · $5,522/ac on 18.60 ac
Asking vs estimate
+21.4%
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 $124,700
Maximum allowable offer
$58,686
$3,155/ac · +30.0% target margin

You need $66,014 off asking to hit this margin.

All-in cost$63,674
Net resale$94,484
Projected profit$30,810
ROI+48.4%
Annualized+69.2%
Break-even resale$3,721/ac
Profit if resale lands off target
-20%
$11,913
-10%
$21,362
0%
$30,810
+10%
$40,258
+20%
$49,707
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-565465
Gravel · Power at road
31.4May 6, 2026$297,0009,4455,9531.8 mi
77
IL-944434
Paved · Full utilities
14.9Jul 6, 2025$174,50011,7134,79910.8 mi
75
IL-452676
Landlocked · Full utilities
4.2Apr 4, 2026$38,4009,2155,8245.4 mi
71
IL-972682
Gravel · Off grid
4.2May 24, 2026$43,90010,4806,4294.3 mi
67
IL-932800
Gravel · Off grid
4.6Jul 27, 2026$39,8008,7315,3358.3 mi
67
IL-963362
Gravel · Power at road
6.8May 14, 2024$45,0006,5693,8044.2 mi
59
IL-746606
Gravel · Power at road
71.9Feb 8, 2025$592,5008,2466,4245.3 mi
57
Show adjustment detail for the top comp
  • Tract size (31.44 ac → 18.6 ac)+7.8%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.