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Lee County, IL · Sold

IL-284144

6973 County Road 24

$122,500
$10,141/ac · 12.08 ac
Acreage12.08 ac
Price per acre$10,141/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedAug 16, 2025
Coordinates41.6593, -89.3286
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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

Lee County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Lee market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,522 ft away

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

Buildable area10.34 of 12.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$128,225
$97,596$158,854 · $10,615/ac on 12.08 ac
Asking vs estimate
-4.5%
In line with the comp set

Weighted from 5 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 $122,500
Maximum allowable offer
$73,271
$6,066/ac · +30.0% target margin

You need $49,229 off asking to hit this margin.

All-in cost$79,499
Net resale$117,967
Projected profit$38,468
ROI+48.4%
Annualized+69.3%
Break-even resale$7,153/ac
Profit if resale lands off target
-20%
$14,875
-10%
$26,671
0%
$38,468
+10%
$50,265
+20%
$62,061
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-684025
Gravel · Power at road
11.1Jul 27, 2026$175,30015,81813,3722.0 mi
90
IL-554296
Dirt · Off grid
13.5Mar 27, 2026$149,20011,06713,2157.2 mi
82
IL-104807
Dirt · Full utilities
19.5Jul 27, 2026$168,7008,6417,3918.2 mi
76
IL-743512
Paved · Power at road
7.6Oct 22, 2025$93,10012,1898,7638.5 mi
69
IL-415610
Landlocked · Power at road
34.9Mar 21, 2025$207,8005,9509,04812.4 mi
56
Show adjustment detail for the top comp
  • Tract size (11.08 ac → 12.08 ac)-0.8%
  • Utilities (Power at road → Off grid)-15.0%

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.