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Hancock County, IL · Sold

IL-133495

4986 County Road 268

$69,800
$9,245/ac · 7.55 ac
Acreage7.55 ac
Price per acre$9,245/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 3, 2024
Coordinates40.3817, -91.2468
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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

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

View Hancock market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

528 ft of deeded road frontage.

Power4,436 ft away

Service extension needed; get a utility quote.

Buildable area6.38 of 7.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,825
$54,605$83,045 · $9,116/ac on 7.55 ac
Asking vs estimate
+1.4%
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 $69,800
Maximum allowable offer
$39,328
$5,209/ac · +30.0% target margin

You need $30,472 off asking to hit this margin.

All-in cost$42,671
Net resale$63,319
Projected profit$20,648
ROI+48.4%
Annualized+69.3%
Break-even resale$6,143/ac
Profit if resale lands off target
-20%
$7,984
-10%
$14,316
0%
$20,648
+10%
$26,980
+20%
$33,312
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-472891
Gravel · Full utilities
4.9Oct 30, 2025$47,6009,7816,8776.8 mi
74
IL-583716
Dirt · Off grid
8.9Aug 19, 2025$57,3006,4687,92110.7 mi
74
IL-501987
Landlocked · Full utilities
2.5Apr 2, 2026$34,00013,42613,3432.8 mi
74
IL-824968
Landlocked · Full utilities
21.9Jul 27, 2026$145,0006,6097,5280.6 mi
73
IL-464680
Dirt · Off grid
17.8Mar 18, 2025$123,8006,9579,2572.9 mi
71
IL-512251
Landlocked · Off grid
3.1Jul 27, 2026$18,4006,0168,51311.0 mi
70
IL-683745
Dirt · Power at road
9.0Sep 22, 2024$96,50010,67011,52910.0 mi
68
IL-774260
Dirt · Off grid
13.1Feb 12, 2025$82,3006,2718,1058.1 mi
67
IL-622592
Gravel · Power at road
3.9Mar 30, 2024$38,1009,7178,7944.0 mi
65
IL-885050
Paved · Full utilities
23.3Jan 11, 2026$322,90013,8719,3888.6 mi
63
Show adjustment detail for the top comp
  • Tract size (4.87 ac → 7.55 ac)-2.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (10 mo)+3.3%

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.