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Hancock County, IL · Sold

IL-396401

1633 County Road 305

$460,300
$7,431/ac · 61.94 ac
Acreage61.94 ac
Price per acre$7,431/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 10, 2025
Coordinates40.4717, -91.2581
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,514 ft of deeded road frontage.

Power130 ft away

Power at or near the road.

Buildable area55.02 of 61.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$508,620
$394,597$622,644 · $8,212/ac on 61.94 ac
Asking vs estimate
-9.5%
Priced below 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 $460,300
Maximum allowable offer
$290,640
$4,692/ac · +30.0% target margin

You need $169,660 off asking to hit this margin.

All-in cost$315,344
Net resale$467,931
Projected profit$152,586
ROI+48.4%
Annualized+69.2%
Break-even resale$5,534/ac
Profit if resale lands off target
-20%
$59,000
-10%
$105,793
0%
$152,586
+10%
$199,379
+20%
$246,172
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-706061
Dirt · Off grid
48.4Jan 20, 2026$290,4005,9987,98310.3 mi
78
IL-435701
Gravel · Full utilities
37.3Aug 18, 2025$632,40016,95413,1019.7 mi
75
IL-336793
Dirt · Full utilities
82.3Aug 15, 2025$575,9007,0007,4118.9 mi
71
IL-824968
Landlocked · Full utilities
21.9Jul 27, 2026$145,0006,6096,6506.7 mi
70
IL-257856
Gravel · Full utilities
177.7Feb 13, 2026$1,270,8007,1507,7689.3 mi
67
IL-464680
Dirt · Off grid
17.8Mar 18, 2025$123,8006,9578,1773.6 mi
65
IL-297965
Landlocked · Full utilities
192.3Aug 9, 2025$936,2004,8688,1162.4 mi
64
IL-885050
Paved · Full utilities
23.3Jan 11, 2026$322,90013,8718,29310.3 mi
63
IL-327508
Paved · Power at road
138.1Mar 15, 2024$766,9005,5536,28813.5 mi
57
IL-847858
Dirt · Power at road
178.0Nov 3, 2023$793,5004,4587,51910.0 mi
55
Show adjustment detail for the top comp
  • Tract size (48.42 ac → 61.94 ac)-5.0%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.4%

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.