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Knox County, IL · Sold

IL-932800

4939 County Road 47

$41,600
$9,123/ac · 4.56 ac
Acreage4.56 ac
Price per acre$9,123/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedFeb 3, 2026
Coordinates40.9540, -90.2771
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
23
Low risk
Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope10.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,292 ft away

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

Buildable area4.24 of 4.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,540
$32,955$46,125 · $8,671/ac on 4.56 ac
Asking vs estimate
+5.2%
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 $41,600
Maximum allowable offer
$22,594
$4,955/ac · +30.0% target margin

You need $19,006 off asking to hit this margin.

All-in cost$24,514
Net resale$36,377
Projected profit$11,862
ROI+48.4%
Annualized+69.3%
Break-even resale$5,843/ac
Profit if resale lands off target
-20%
$4,587
-10%
$8,225
0%
$11,862
+10%
$15,500
+20%
$19,138
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-972682
Gravel · Off grid
4.2May 24, 2026$43,90010,48010,5445.8 mi
87
IL-452676
Landlocked · Full utilities
4.2Apr 4, 2026$38,4009,2159,5515.5 mi
81
IL-762215
Landlocked · Full utilities
3.0Sep 17, 2025$20,2006,7647,0894.2 mi
72
IL-111589
Landlocked · Full utilities
1.9Jun 1, 2026$17,8009,3559,4237.2 mi
70
IL-963362
Gravel · Power at road
6.8May 14, 2024$45,0006,5696,2395.8 mi
68
IL-971403
Landlocked · Off grid
1.7Jul 16, 2025$10,3006,2349,3192.4 mi
67
IL-944434
Paved · Full utilities
14.9Jul 6, 2025$174,50011,7137,8713.2 mi
63
Show adjustment detail for the top comp
  • 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.