IL-847858
3849 County Road 161
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Hancock County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Hancock market data →Step 1 · Is this a deal?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
1,776 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 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 $300,896 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-257856 Gravel · Full utilities | 177.7 | Feb 13, 2026 | $1,270,800 | 7,150 | 5,145 | 2.8 mi | 83 |
| IL-297965 Landlocked · Full utilities | 192.3 | Aug 9, 2025 | $936,200 | 4,868 | 5,375 | 7.6 mi | 75 |
| IL-549004 Gravel · Off grid | 408.3 | Jul 27, 2026 | $1,751,400 | 4,290 | 5,522 | 3.0 mi | 74 |
| IL-336793 Dirt · Full utilities | 82.3 | Aug 15, 2025 | $575,900 | 7,000 | 4,908 | 3.8 mi | 74 |
| IL-327508 Paved · Power at road | 138.1 | Mar 15, 2024 | $766,900 | 5,553 | 4,165 | 6.4 mi | 74 |
| IL-396401 Gravel · Power at road | 61.9 | Jul 27, 2026 | $399,100 | 6,443 | 4,277 | 10.0 mi | 69 |
| IL-269295 Landlocked · Off grid | 504.1 | Apr 7, 2025 | $1,411,800 | 2,801 | 5,957 | 4.0 mi | 66 |
| IL-619138 Gravel · Off grid | 449.9 | Aug 21, 2024 | $2,276,400 | 5,060 | 7,248 | 7.0 mi | 63 |
| IL-489273 Gravel · Power at road | 496.1 | Jul 20, 2024 | $2,399,200 | 4,836 | 6,085 | 9.1 mi | 58 |
Show adjustment detail for the top comp
- Access (Gravel → Dirt)-14.0%
- Utilities (Full utilities → Power at road)-18.0%
- Market time (6 mo)+2.1%
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.