← New search
Hancock County, IL · Sold

IL-583716

3181 County Road 392

$68,800
$7,765/ac · 8.86 ac
Acreage8.86 ac
Price per acre$7,765/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 18, 2025
Coordinates40.4367, -91.0576
Loading terrain…
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
26
Low risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

616 ft of deeded road frontage.

Power8,804 ft away

A long utility run — price in solar/off-grid instead.

Buildable area6.99 of 8.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,901
$56,309$75,492 · $7,438/ac on 8.86 ac
Asking vs estimate
+4.4%
In line with 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 $68,800
Maximum allowable offer
$37,658
$4,250/ac · +30.0% target margin

You need $31,142 off asking to hit this margin.

All-in cost$40,859
Net resale$60,629
Projected profit$19,770
ROI+48.4%
Annualized+69.2%
Break-even resale$5,013/ac
Profit if resale lands off target
-20%
$7,644
-10%
$13,707
0%
$19,770
+10%
$25,833
+20%
$31,896
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-774260
Dirt · Off grid
13.1Feb 12, 2025$82,3006,2716,8943.6 mi
79
IL-683745
Dirt · Power at road
9.0Sep 22, 2024$96,50010,6709,8073.6 mi
78
IL-512251
Landlocked · Off grid
3.1Jul 27, 2026$18,4006,0167,2412.4 mi
75
IL-133495
Gravel · Off grid
7.5Aug 7, 2025$60,5008,0157,11110.7 mi
74
IL-885050
Paved · Full utilities
23.3Jan 11, 2026$322,90013,8717,9862.8 mi
73
IL-824968
Landlocked · Full utilities
21.9Jul 27, 2026$145,0006,6096,40411.1 mi
68
IL-464680
Dirt · Off grid
17.8Mar 18, 2025$123,8006,9577,8749.3 mi
67
IL-472891
Gravel · Full utilities
4.9Oct 30, 2025$47,6009,7815,84911.7 mi
66
IL-622592
Gravel · Power at road
3.9Mar 30, 2024$38,1009,7177,4817.6 mi
58
Show adjustment detail for the top comp
  • Tract size (13.13 ac → 8.86 ac)+3.4%
  • Market time (18 mo)+6.3%

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.