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Pike County, IL · Sold

IL-327879

4075 County Road 302

$463,400
$2,564/ac · 181 ac
Acreage181 ac
Price per acre$2,564/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedApr 9, 2026
Coordinates39.7155, -90.9217
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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

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

View Pike market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
61
High risk
Wetlands29.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,634 ft away

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

Buildable area121.03 of 180.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$700,684
$533,838$867,531 · $3,877/ac on 181 ac
Asking vs estimate
-33.9%
Priced below 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 $463,400
Maximum allowable offer
$400,391
$2,216/ac · +30.0% target margin

You need $63,009 off asking to hit this margin.

All-in cost$434,424
Net resale$644,630
Projected profit$210,205
ROI+48.4%
Annualized+69.2%
Break-even resale$2,613/ac
Profit if resale lands off target
-20%
$81,279
-10%
$145,742
0%
$210,205
+10%
$274,668
+20%
$339,131
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-217435
Dirt · Off grid
131.0Jul 27, 2026$888,5006,7824,9315.8 mi
82
IL-509918
Paved · Off grid
791.5Dec 9, 2025$4,108,5005,1904,7569.5 mi
65
IL-568383
Dirt · Power at road
260.4Apr 1, 2025$1,003,5003,8543,03613.6 mi
65
IL-176481
Dirt · Full utilities
65.6Sep 7, 2025$387,8005,9072,6277.7 mi
62
IL-609339
Dirt · Off grid
520.4Jul 20, 2024$1,648,0003,1673,70111.5 mi
61
Show adjustment detail for the top comp
  • Tract size (131.01 ac → 180.71 ac)-8.2%
  • Access (Dirt → Landlocked)-20.9%

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.