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Hancock County, IL · Sold

IL-501987

9413 County Road 106

$38,600
$15,257/ac · 2.53 ac
Acreage2.53 ac
Price per acre$15,257/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedApr 24, 2025
Coordinates40.3620, -91.2001
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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
41
Moderate risk
Wetlands12.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

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 area2.11 of 2.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,266
$19,688$28,844 · $9,591/ac on 2.53 ac
Asking vs estimate
+59.1%
Priced above the comp set

Weighted from 7 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 $38,600
Maximum allowable offer
$13,866
$5,481/ac · +30.0% target margin

You need $24,734 off asking to hit this margin.

All-in cost$15,045
Net resale$22,325
Projected profit$7,280
ROI+48.4%
Annualized+69.3%
Break-even resale$6,464/ac
Profit if resale lands off target
-20%
$2,815
-10%
$5,048
0%
$7,280
+10%
$9,513
+20%
$11,745
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-512251
Landlocked · Off grid
3.1Jul 27, 2026$18,4006,0168,69910.0 mi
82
IL-472891
Gravel · Full utilities
4.9Oct 30, 2025$47,6009,7817,0278.9 mi
69
IL-133495
Gravel · Off grid
7.5Aug 7, 2025$60,5008,0158,5432.8 mi
69
IL-622592
Gravel · Power at road
3.9Mar 30, 2024$38,1009,7178,9871.5 mi
67
IL-460674
Dirt · Power at road
1.0Aug 10, 2025$10,40010,63110,5279.2 mi
61
IL-830424
Paved · Off grid
0.8Feb 24, 2025$11,10013,58511,7274.6 mi
60
IL-270399
Gravel · Off grid
0.8May 10, 2024$9,80012,19812,8137.4 mi
55
Show adjustment detail for the top comp
  • Tract size (3.06 ac → 2.53 ac)+0.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.