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Hancock County, IL · Sold

IL-297965

4594 County Road 191

$1,027,700
$5,343/ac · 192 ac
Acreage192 ac
Price per acre$5,343/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedJun 16, 2024
Coordinates40.4399, -91.2418
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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

4 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area152.02 of 192.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$976,618
$823,675$1,129,561 · $5,078/ac on 192 ac
Asking vs estimate
+5.2%
Priced above 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 $1,027,700
Maximum allowable offer
$558,067
$2,902/ac · +30.0% target margin

You need $469,633 off asking to hit this margin.

All-in cost$605,503
Net resale$898,489
Projected profit$292,986
ROI+48.4%
Annualized+69.2%
Break-even resale$3,422/ac
Profit if resale lands off target
-20%
$113,288
-10%
$203,137
0%
$292,986
+10%
$382,835
+20%
$472,684
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-257856
Gravel · Full utilities
177.7Feb 13, 2026$1,270,8007,1504,8587.0 mi
86
IL-549004
Gravel · Off grid
408.3Jul 27, 2026$1,751,4004,2905,2148.0 mi
77
IL-396401
Gravel · Power at road
61.9Jul 27, 2026$399,1006,4434,0382.4 mi
71
IL-299691
Dirt · Power at road
671.5Jul 27, 2026$2,660,9003,9625,53311.4 mi
69
IL-847858
Dirt · Power at road
178.0Nov 3, 2023$793,5004,4584,7027.6 mi
69
IL-336793
Dirt · Full utilities
82.3Aug 15, 2025$575,9007,0004,6356.7 mi
66
IL-269295
Landlocked · Off grid
504.1Apr 7, 2025$1,411,8002,8015,6254.2 mi
66
IL-327508
Paved · Power at road
138.1Mar 15, 2024$766,9005,5533,93311.4 mi
63
IL-619138
Gravel · Off grid
449.9Aug 21, 2024$2,276,4005,0606,8447.6 mi
59
IL-489273
Gravel · Power at road
496.1Jul 20, 2024$2,399,2004,8365,7468.4 mi
58
Show adjustment detail for the top comp
  • Tract size (177.73 ac → 192.33 ac)-2.2%
  • Access (Gravel → Landlocked)-32.0%
  • 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.