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Hancock County, IL · Sold

IL-327508

2212 County Road 266

$832,700
$6,029/ac · 138 ac
Acreage138 ac
Price per acre$6,029/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedSep 11, 2023
Coordinates40.3296, -91.0806
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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
27
Low risk
Wetlands16.2% 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 accessRecorded easement

Access by easement; pull and read the recorded document.

Power35 ft away

Power at or near the road.

Buildable area109.96 of 138.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,076,603
$920,919$1,232,287 · $7,795/ac on 138 ac
Asking vs estimate
-22.7%
Priced below the comp set

Weighted from 8 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 $832,700
Maximum allowable offer
$615,202
$4,454/ac · +30.0% target margin

You need $217,498 off asking to hit this margin.

All-in cost$667,494
Net resale$990,475
Projected profit$322,981
ROI+48.4%
Annualized+69.2%
Break-even resale$5,253/ac
Profit if resale lands off target
-20%
$124,886
-10%
$223,933
0%
$322,981
+10%
$422,028
+20%
$521,076
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-257856
Gravel · Full utilities
177.7Feb 13, 2026$1,270,8007,1507,5564.7 mi
77
IL-336793
Dirt · Full utilities
82.3Aug 15, 2025$575,9007,0007,2094.7 mi
74
IL-847858
Dirt · Power at road
178.0Nov 3, 2023$793,5004,4587,3146.4 mi
73
IL-549004
Gravel · Off grid
408.3Jul 27, 2026$1,751,4004,2908,1103.8 mi
72
IL-396401
Gravel · Power at road
61.9Jul 27, 2026$399,1006,4436,28113.5 mi
70
IL-297965
Landlocked · Full utilities
192.3Aug 9, 2025$936,2004,8687,89511.4 mi
69
IL-706061
Dirt · Off grid
48.4Jan 20, 2026$290,4005,9987,7664.2 mi
67
IL-619138
Gravel · Off grid
449.9Aug 21, 2024$2,276,4005,06010,6465.2 mi
62
Show adjustment detail for the top comp
  • Tract size (177.73 ac → 138.12 ac)+7.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (6 mo)+2.1%

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.