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Hancock County, IL · Sold

IL-549004

972 County Road 263

$1,787,100
$4,377/ac · 408 ac
Acreage408 ac
Price per acre$4,377/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJan 9, 2026
Coordinates40.3492, -91.1480
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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,122 ft away

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

Buildable area351.38 of 408.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,799,817
$1,554,201$2,045,432 · $4,409/ac on 408 ac
Asking vs estimate
-0.7%
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 $1,787,100
Maximum allowable offer
$1,028,467
$2,519/ac · +30.0% target margin

You need $758,633 off asking to hit this margin.

All-in cost$1,115,887
Net resale$1,655,831
Projected profit$539,945
ROI+48.4%
Annualized+69.2%
Break-even resale$2,971/ac
Profit if resale lands off target
-20%
$208,778
-10%
$374,361
0%
$539,945
+10%
$705,528
+20%
$871,111
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-299691
Dirt · Power at road
671.5Jul 27, 2026$2,660,9003,9624,5633.8 mi
83
IL-349873
Gravel · Off grid
766.2Jul 27, 2026$2,986,8003,8984,7296.2 mi
79
IL-257856
Gravel · Full utilities
177.7Feb 13, 2026$1,270,8007,1504,0061.0 mi
79
IL-619138
Gravel · Off grid
449.9Aug 21, 2024$2,276,4005,0605,6444.4 mi
77
IL-269295
Landlocked · Off grid
504.1Apr 7, 2025$1,411,8002,8014,6385.7 mi
75
IL-229877
Gravel · Off grid
768.4May 1, 2025$2,425,4003,1564,0322.8 mi
72
IL-489273
Gravel · Power at road
496.1Jul 20, 2024$2,399,2004,8364,7386.6 mi
72
IL-297965
Landlocked · Full utilities
192.3Aug 9, 2025$936,2004,8684,1858.0 mi
69
IL-847858
Dirt · Power at road
178.0Nov 3, 2023$793,5004,4583,8773.0 mi
60
IL-327508
Paved · Power at road
138.1Mar 15, 2024$766,9005,5533,2433.8 mi
58
Show adjustment detail for the top comp
  • Tract size (671.53 ac → 408.25 ac)+16.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.