IL-449609
240 County Road 204
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Knox County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Knox market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $455,628 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-869530 Gravel · Power at road | 597.6 | Jul 27, 2026 | $3,038,600 | 5,085 | 4,154 | 4.5 mi | 85 |
| IL-769617 Dirt · Power at road | 636.5 | Jul 8, 2025 | $2,472,900 | 3,885 | 3,929 | 6.2 mi | 77 |
| IL-969358 Gravel · Full utilities | 527.6 | Dec 3, 2024 | $3,486,700 | 6,609 | 4,556 | 6.6 mi | 77 |
| IL-568642 Dirt · Off grid | 314.1 | Jul 27, 2026 | $1,113,500 | 3,545 | 3,269 | 1.9 mi | 77 |
| IL-408126 Dirt · Power at road | 216.1 | Aug 27, 2024 | $1,118,400 | 5,175 | 3,936 | 3.7 mi | 60 |
| IL-867923 Gravel · Off grid | 186.6 | Mar 18, 2025 | $1,254,400 | 6,724 | 4,860 | 5.2 mi | 59 |
Show adjustment detail for the top comp
- Tract size (597.6 ac → 632.8 ac)-1.7%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Power at road → Full utilities)+22.0%
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.