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Will County, IL · Sold

IL-143104

1049 County Road 200

$52,000
$9,155/ac · 5.68 ac
Acreage5.68 ac
Price per acre$9,155/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedSep 12, 2024
Coordinates41.4498, -88.0193
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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

Will County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Will market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.9%

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.

Power207 ft away

Power at or near the road.

Buildable area4.69 of 5.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$50,042
$36,925$63,159 · $8,810/ac on 5.68 ac
Asking vs estimate
+3.9%
In line with the comp set

Weighted from 10 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 $52,000
Maximum allowable offer
$28,596
$5,034/ac · +30.0% target margin

You need $23,404 off asking to hit this margin.

All-in cost$31,027
Net resale$46,039
Projected profit$15,012
ROI+48.4%
Annualized+69.2%
Break-even resale$5,937/ac
Profit if resale lands off target
-20%
$5,804
-10%
$10,408
0%
$15,012
+10%
$19,616
+20%
$24,220
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-292821
Landlocked · Off grid
4.6Jul 27, 2026$19,5004,2127,2335.3 mi
86
IL-623308
Paved · Power at road
6.6Jul 27, 2026$52,8008,0056,8544.8 mi
85
IL-863984
Gravel · Off grid
10.8Jul 27, 2026$50,4004,6915,7722.9 mi
79
IL-192723
Landlocked · Power at road
4.3Nov 17, 2025$34,8008,06512,0784.2 mi
77
IL-841954
Gravel · Full utilities
2.5Jan 16, 2026$36,50014,77912,0394.9 mi
76
IL-733081
Landlocked · Full utilities
5.6Jun 23, 2025$36,3006,4878,1897.8 mi
76
IL-223596
Gravel · Full utilities
8.1Aug 7, 2024$70,0008,6207,8303.7 mi
75
IL-861958
Gravel · Power at road
2.5Dec 16, 2025$17,7007,1247,1064.5 mi
72
IL-561631
Dirt · Off grid
2.0Jun 4, 2026$13,7007,0099,3330.6 mi
72
IL-172447
Dirt · Power at road
3.5Jan 14, 2025$35,80010,14512,3341.3 mi
72
Show adjustment detail for the top comp
  • Tract size (4.63 ac → 5.68 ac)-1.0%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%

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.