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Hancock County, IL · Sold

IL-229877

677 County Road 134

$2,558,400
$3,330/ac · 768 ac
Acreage768 ac
Price per acre$3,330/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 23, 2025
Coordinates40.3605, -91.0975
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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
22
Low risk
Wetlands18.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,473 ft of deeded road frontage.

Power6,424 ft away

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

Buildable area597.85 of 768.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,012,515
$2,755,836$3,269,195 · $3,921/ac on 768 ac
Asking vs estimate
-15.1%
Priced below the comp set

Weighted from 6 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 $2,558,400
Maximum allowable offer
$1,721,437
$2,240/ac · +30.0% target margin

You need $836,963 off asking to hit this margin.

All-in cost$1,867,759
Net resale$2,771,514
Projected profit$903,755
ROI+48.4%
Annualized+69.2%
Break-even resale$2,642/ac
Profit if resale lands off target
-20%
$349,452
-10%
$626,603
0%
$903,755
+10%
$1,180,906
+20%
$1,458,058
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-349873
Gravel · Off grid
766.2Jul 27, 2026$2,986,8003,8983,9035.8 mi
90
IL-299691
Dirt · Power at road
671.5Jul 27, 2026$2,660,9003,9623,7662.2 mi
85
IL-549004
Gravel · Off grid
408.3Jul 27, 2026$1,751,4004,2903,5492.8 mi
82
IL-489273
Gravel · Power at road
496.1Jul 20, 2024$2,399,2004,8363,9104.9 mi
73
IL-619138
Gravel · Off grid
449.9Aug 21, 2024$2,276,4005,0604,6583.0 mi
71
IL-269295
Landlocked · Off grid
504.1Apr 7, 2025$1,411,8002,8013,8288.1 mi
69
Show adjustment detail for the top comp

    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.