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Pike County, IL · Sold

IL-560882

8685 County Road 371

$6,700
$5,877/ac · 1.14 ac
Acreage1.14 ac
Price per acre$5,877/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 17, 2024
Coordinates39.5447, -90.8485
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

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
26
Low risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,772 ft away

Service extension needed; get a utility quote.

Buildable area0.94 of 1.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,045
$8,039$12,050 · $8,811/ac on 1.14 ac
Asking vs estimate
-33.3%
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 $6,700
Maximum allowable offer
$5,740
$5,035/ac · +30.0% target margin

You need $960 off asking to hit this margin.

All-in cost$6,228
Net resale$9,241
Projected profit$3,013
ROI+48.4%
Annualized+69.2%
Break-even resale$5,938/ac
Profit if resale lands off target
-20%
$1,165
-10%
$2,089
0%
$3,013
+10%
$3,937
+20%
$4,862
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-100803
Dirt · Off grid
1.1Jul 27, 2026$10,3009,6199,63410.8 mi
90
IL-371471
Landlocked · Off grid
1.7Jul 27, 2026$11,6006,6428,47011.4 mi
77
IL-631373
Paved · Power at road
1.6Oct 18, 2025$28,80017,77911,4521.0 mi
76
IL-240308
Gravel · Full utilities
0.8Apr 3, 2025$7,3009,7446,1497.7 mi
67
IL-723091
Gravel · Power at road
5.6Dec 8, 2025$55,2009,8047,6988.6 mi
63
Show adjustment detail for the top comp

    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.