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Knox County, IL · Sold

IL-869530

6602 County Road 206

$3,310,000
$5,539/ac · 598 ac
Acreage598 ac
Price per acre$5,539/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedNov 5, 2025
Coordinates40.9890, -90.1064
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
25
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power142 ft away

Power at or near the road.

Buildable area485.97 of 597.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,837,594
$2,365,470$3,309,717 · $4,748/ac on 598 ac
Asking vs estimate
+16.6%
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 $3,310,000
Maximum allowable offer
$1,621,482
$2,713/ac · +30.0% target margin

You need $1,688,518 off asking to hit this margin.

All-in cost$1,759,308
Net resale$2,610,586
Projected profit$851,278
ROI+48.4%
Annualized+69.2%
Break-even resale$3,200/ac
Profit if resale lands off target
-20%
$329,161
-10%
$590,220
0%
$851,278
+10%
$1,112,337
+20%
$1,373,396
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-449609
Landlocked · Full utilities
632.8May 19, 2026$1,899,6003,0023,7204.5 mi
83
IL-769617
Dirt · Power at road
636.5Jul 8, 2025$2,472,9003,8854,81910.2 mi
80
IL-568642
Dirt · Off grid
314.1Jul 27, 2026$1,113,5003,5454,0102.7 mi
77
IL-969358
Gravel · Full utilities
527.6Dec 3, 2024$3,486,7006,6095,58811.1 mi
72
IL-867923
Gravel · Off grid
186.6Mar 18, 2025$1,254,4006,7245,9619.7 mi
60
IL-408126
Dirt · Power at road
216.1Aug 27, 2024$1,118,4005,1754,8287.2 mi
59
Show adjustment detail for the top comp
  • Tract size (632.8 ac → 597.6 ac)+1.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.0%

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.