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Knox County, IL · Sold

IL-408126

7691 County Road 274

$1,214,300
$5,619/ac · 216 ac
Acreage216 ac
Price per acre$5,619/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 2, 2024
Coordinates40.9966, -90.2432
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

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands48.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,107 ft of deeded road frontage.

Power36 ft away

Power at or near the road.

Buildable area106.15 of 216.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,214,440
$1,025,462$1,403,419 · $5,619/ac on 216 ac
Asking vs estimate
-0.0%
In line with 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 $1,214,300
Maximum allowable offer
$693,966
$3,211/ac · +30.0% target margin

You need $520,334 off asking to hit this margin.

All-in cost$752,953
Net resale$1,117,285
Projected profit$364,332
ROI+48.4%
Annualized+69.2%
Break-even resale$3,787/ac
Profit if resale lands off target
-20%
$140,875
-10%
$252,603
0%
$364,332
+10%
$476,061
+20%
$587,789
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-568642
Dirt · Off grid
314.1Jul 27, 2026$1,113,5003,5454,6534.7 mi
82
IL-867923
Gravel · Off grid
186.6Mar 18, 2025$1,254,4006,7246,9175.6 mi
73
IL-869530
Gravel · Power at road
597.6Jul 27, 2026$3,038,6005,0855,9137.2 mi
71
IL-449609
Landlocked · Full utilities
632.8May 19, 2026$1,899,6003,0024,3163.7 mi
70
IL-769617
Dirt · Power at road
636.5Jul 8, 2025$2,472,9003,8855,5927.5 mi
65
IL-746606
Gravel · Power at road
71.9Feb 8, 2025$592,5008,2465,6884.6 mi
62
IL-969358
Gravel · Full utilities
527.6Dec 3, 2024$3,486,7006,6096,4846.5 mi
60
Show adjustment detail for the top comp
  • Tract size (314.08 ac → 216.12 ac)+11.3%
  • Utilities (Off grid → Power at road)+17.6%

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.