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Pike County, IL · Sold

IL-240308

171 County Road 284

$8,400
$11,200/ac · 0.75 ac
Acreage0.75 ac
Price per acre$11,200/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 31, 2024
Coordinates39.6160, -90.9591
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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

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

165 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.63 of 0.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,151
$9,118$13,184 · $14,868/ac on 0.75 ac
Asking vs estimate
-24.7%
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 $8,400
Maximum allowable offer
$6,372
$8,496/ac · +30.0% target margin

You need $2,028 off asking to hit this margin.

All-in cost$6,914
Net resale$10,259
Projected profit$3,346
ROI+48.4%
Annualized+69.3%
Break-even resale$10,020/ac
Profit if resale lands off target
-20%
$1,294
-10%
$2,320
0%
$3,346
+10%
$4,371
+20%
$5,397
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-100803
Dirt · Off grid
1.1Jul 27, 2026$10,3009,61916,1438.3 mi
77
IL-631373
Paved · Power at road
1.6Oct 18, 2025$28,80017,77919,1906.8 mi
70
IL-371471
Landlocked · Off grid
1.7Jul 27, 2026$11,6006,64214,1939.0 mi
70
IL-560882
Dirt · Off grid
1.1Dec 18, 2024$7,2006,31811,3257.7 mi
66
IL-723091
Gravel · Power at road
5.6Dec 8, 2025$55,2009,80412,9003.0 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.