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Pike County, IL · Sold

IL-555171

895 County Road 283

$193,500
$7,615/ac · 25.41 ac
Acreage25.41 ac
Price per acre$7,615/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedJul 23, 2025
Coordinates39.5484, -90.9919
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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

403 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area22.91 of 25.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$198,156
$152,739$243,573 · $7,798/ac on 25.41 ac
Asking vs estimate
-2.3%
In line with the comp set

Weighted from 6 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 $193,500
Maximum allowable offer
$113,232
$4,456/ac · +30.0% target margin

You need $80,268 off asking to hit this margin.

All-in cost$122,857
Net resale$182,304
Projected profit$59,447
ROI+48.4%
Annualized+69.3%
Break-even resale$5,255/ac
Profit if resale lands off target
-20%
$22,986
-10%
$41,217
0%
$59,447
+10%
$77,677
+20%
$95,908
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-924068
Dirt · Full utilities
11.4Jul 27, 2026$97,7008,5476,3983.1 mi
77
IL-834415
Paved · Full utilities
14.7Jun 18, 2026$234,40015,9568,9587.9 mi
74
IL-176481
Dirt · Full utilities
65.6Sep 7, 2025$387,8005,9075,99311.7 mi
68
IL-217435
Dirt · Off grid
131.0Jul 27, 2026$888,5006,78211,24913.0 mi
64
IL-723091
Gravel · Power at road
5.6Dec 8, 2025$55,2009,8047,5317.9 mi
61
IL-953831
Paved · Off grid
9.6Aug 14, 2025$82,1008,5236,84110.8 mi
60
Show adjustment detail for the top comp
  • Tract size (11.43 ac → 25.41 ac)-8.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.