← New search
Knox County, IL · Sold

IL-762215

3394 County Road 261

$22,800
$7,625/ac · 2.99 ac
Acreage2.99 ac
Price per acre$7,625/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedSep 18, 2024
Coordinates40.9978, -90.2219
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
32
Moderate risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area2.57 of 2.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,983
$21,805$30,160 · $8,690/ac on 2.99 ac
Asking vs estimate
-12.2%
Priced below 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 $22,800
Maximum allowable offer
$14,847
$4,966/ac · +30.0% target margin

You need $7,953 off asking to hit this margin.

All-in cost$16,109
Net resale$23,904
Projected profit$7,795
ROI+48.4%
Annualized+69.3%
Break-even resale$5,856/ac
Profit if resale lands off target
-20%
$3,014
-10%
$5,405
0%
$7,795
+10%
$10,186
+20%
$12,576
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-111589
Landlocked · Full utilities
1.9Jun 1, 2026$17,8009,3559,3354.0 mi
86
IL-452676
Landlocked · Full utilities
4.2Apr 4, 2026$38,4009,2159,4628.7 mi
84
IL-932800
Gravel · Off grid
4.6Jul 27, 2026$39,8008,7318,6684.2 mi
79
IL-972682
Gravel · Off grid
4.2May 24, 2026$43,90010,48010,4468.5 mi
76
IL-971403
Landlocked · Off grid
1.7Jul 16, 2025$10,3006,2349,2323.7 mi
71
IL-690799
Gravel · Power at road
1.1Mar 28, 2025$8,1007,6156,5584.2 mi
66
IL-963362
Gravel · Power at road
6.8May 14, 2024$45,0006,5696,1815.1 mi
60
Show adjustment detail for the top comp
  • Tract size (1.9 ac → 2.99 ac)-1.1%
  • Market time (2 mo)+0.9%

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.