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Pike County, IL · Sold

IL-609339

2782 County Road 201

$1,959,600
$3,766/ac · 520 ac
Acreage520 ac
Price per acre$3,766/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 28, 2024
Coordinates39.5770, -90.8018
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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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands25.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

5,283 ft of deeded road frontage.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area369.78 of 520.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,739,550
$1,252,476$2,226,624 · $3,343/ac on 520 ac
Asking vs estimate
+12.6%
Priced above 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 $1,959,600
Maximum allowable offer
$994,029
$1,910/ac · +30.0% target margin

You need $965,571 off asking to hit this margin.

All-in cost$1,078,521
Net resale$1,600,386
Projected profit$521,865
ROI+48.4%
Annualized+69.2%
Break-even resale$2,253/ac
Profit if resale lands off target
-20%
$201,787
-10%
$361,826
0%
$521,865
+10%
$681,903
+20%
$841,942
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-509918
Paved · Off grid
791.5Dec 9, 2025$4,108,5005,1904,4244.4 mi
80
IL-327879
Landlocked · Off grid
180.7Jul 27, 2026$423,5002,3442,18511.5 mi
74
IL-217435
Dirt · Off grid
131.0Jul 27, 2026$888,5006,7824,5877.4 mi
71
IL-568383
Dirt · Power at road
260.4Apr 1, 2025$1,003,5003,8542,8242.7 mi
69
IL-176481
Dirt · Full utilities
65.6Sep 7, 2025$387,8005,9072,4444.7 mi
59
Show adjustment detail for the top comp
  • Tract size (791.55 ac → 520.38 ac)+13.7%
  • Access (Paved → Dirt)-27.1%
  • Market time (8 mo)+2.9%

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.