IL-378887
7338 County Road 23
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Will County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Will market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
2,615 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $910,677 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-749118 Paved · Power at road | 443.4 | Jul 17, 2025 | $2,375,600 | 5,358 | 4,241 | 2.1 mi | 81 |
| IL-898836 Gravel · Power at road | 361.5 | Feb 17, 2026 | $1,215,400 | 3,362 | 2,885 | 12.7 mi | 80 |
| IL-649499 Gravel · Power at road | 584.3 | Apr 10, 2026 | $2,116,100 | 3,621 | 3,569 | 10.3 mi | 75 |
| IL-688620 Gravel · Off grid | 309.1 | Jul 24, 2024 | $903,100 | 2,922 | 2,999 | 8.8 mi | 73 |
| IL-107565 Gravel · Power at road | 143.9 | May 30, 2024 | $984,200 | 6,837 | 4,846 | 1.4 mi | 64 |
| IL-147518 Paved · Power at road | 139.1 | Jan 29, 2025 | $826,400 | 5,940 | 3,445 | 3.2 mi | 62 |
Show adjustment detail for the top comp
- Tract size (443.4 ac → 375.07 ac)+5.1%
- Access (Paved → Gravel)-15.3%
- Utilities (Power at road → Off grid)-15.0%
- Market time (13 mo)+4.5%
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.