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Pike County, IL · Sold

IL-924068

249 County Road 55

$117,000
$10,236/ac · 11.43 ac
Acreage11.43 ac
Price per acre$10,236/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMay 4, 2026
Coordinates39.5865, -90.9616
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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
15
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

337 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area9.59 of 11.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$120,428
$95,895$144,960 · $10,536/ac on 11.43 ac
Asking vs estimate
-2.8%
In line with the comp set

Weighted from 7 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 $117,000
Maximum allowable offer
$68,816
$6,021/ac · +30.0% target margin

You need $48,184 off asking to hit this margin.

All-in cost$74,665
Net resale$110,793
Projected profit$36,128
ROI+48.4%
Annualized+69.2%
Break-even resale$7,100/ac
Profit if resale lands off target
-20%
$13,969
-10%
$25,049
0%
$36,128
+10%
$47,207
+20%
$58,287
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-834415
Paved · Full utilities
14.7Jun 18, 2026$234,40015,95611,9945.1 mi
83
IL-555171
Dirt · Power at road
25.4May 28, 2026$162,2006,3818,6223.1 mi
76
IL-953831
Paved · Off grid
9.6Aug 14, 2025$82,1008,5239,1607.7 mi
74
IL-723091
Gravel · Power at road
5.6Dec 8, 2025$55,2009,80410,0844.9 mi
69
IL-631373
Paved · Power at road
1.6Oct 18, 2025$28,80017,77915,0025.7 mi
61
IL-371471
Landlocked · Off grid
1.7Jul 27, 2026$11,6006,64211,09610.6 mi
61
IL-176481
Dirt · Full utilities
65.6Sep 7, 2025$387,8005,9078,0259.0 mi
60
Show adjustment detail for the top comp
  • Tract size (14.69 ac → 11.43 ac)+2.5%
  • Access (Paved → Dirt)-27.1%
  • Market time (2 mo)+0.7%

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.