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Pike County, IL · Sold

IL-100803

1463 County Road 40

$10,600
$9,907/ac · 1.07 ac
Acreage1.07 ac
Price per acre$9,907/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedApr 30, 2026
Coordinates39.7014, -90.8493
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

149 ft of deeded road frontage.

Power12,178 ft away

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

Buildable area0.96 of 1.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,661
$6,718$10,603 · $8,094/ac on 1.07 ac
Asking vs estimate
+22.4%
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 $10,600
Maximum allowable offer
$4,949
$4,625/ac · +30.0% target margin

You need $5,651 off asking to hit this margin.

All-in cost$5,370
Net resale$7,968
Projected profit$2,598
ROI+48.4%
Annualized+69.2%
Break-even resale$5,455/ac
Profit if resale lands off target
-20%
$1,005
-10%
$1,801
0%
$2,598
+10%
$3,395
+20%
$4,192
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-371471
Landlocked · Off grid
1.7Jul 27, 2026$11,6006,6428,4760.7 mi
82
IL-560882
Dirt · Off grid
1.1Dec 18, 2024$7,2006,3186,76310.8 mi
80
IL-631373
Paved · Power at road
1.6Oct 18, 2025$28,80017,77911,46010.4 mi
69
IL-240308
Gravel · Full utilities
0.8Apr 3, 2025$7,3009,7446,1538.3 mi
68
IL-723091
Gravel · Power at road
5.6Dec 8, 2025$55,2009,8047,7045.5 mi
65
Show adjustment detail for the top comp
  • Tract size (1.74 ac → 1.07 ac)+0.7%
  • Access (Landlocked → Dirt)+26.5%

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.