Hancock County, IL · Sold

IL-885050

9174 County Road 378

$309,900

$13,312/ac · 23.28 ac

Offer report Market this tract

Acreage23.28 ac

Price per acre$13,312/ac

ZoningUnzoned

Road accessPaved

UtilitiesFull utilities

TopographyRolling

ListedJul 14, 2025

Coordinates40.4020, -91.0854

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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

Low risk

Wetlands12.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

706 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area19.29 of 23.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$327,816

$246,175 – $409,456 · $14,081/ac on 23.28 ac

Asking vs estimate

-5.5%

Priced below the comp set

Weighted from 9 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 $309,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$187,323

$8,047/ac · +30.0% target margin

You need $122,577 off asking to hit this margin.

All-in cost$203,245

Net resale$301,591

Projected profit$98,345

ROI+48.4%

Annualized+69.3%

Break-even resale$9,490/ac

Profit if resale lands off target

-20%

$38,027

-10%

$68,186

$98,345

+10%

$128,504

+20%

$158,663

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-824968 Landlocked · Full utilities	21.9	Jul 27, 2026	$145,000	6,609	11,400	9.0 mi	84
IL-435701 Gravel · Full utilities	37.3	Aug 18, 2025	$632,400	16,954	22,458	2.4 mi	74
IL-774260 Dirt · Off grid	13.1	Feb 12, 2025	$82,300	6,271	12,273	0.8 mi	73
IL-706061 Dirt · Off grid	48.4	Jan 20, 2026	$290,400	5,998	13,685	1.0 mi	73
IL-583716 Dirt · Off grid	8.9	Aug 19, 2025	$57,300	6,468	11,994	2.8 mi	70
IL-464680 Dirt · Off grid	17.8	Mar 18, 2025	$123,800	6,957	14,018	8.0 mi	69
IL-396401 Gravel · Power at road	61.9	Jul 27, 2026	$399,100	6,443	11,069	10.3 mi	68
IL-683745 Dirt · Power at road	9.0	Sep 22, 2024	$96,500	10,670	17,458	1.9 mi	62
IL-133495 Gravel · Off grid	7.5	Aug 7, 2025	$60,500	8,015	12,659	8.6 mi	60

Show adjustment detail for the top comp

Tract size (21.94 ac → 23.28 ac)-0.8%
Access (Landlocked → Paved)+73.5%

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.

Build the listing kit Post a deal or JV