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Hancock County, IL · Sold

IL-270399

7061 County Road 101

$9,700
$12,125/ac · 0.80 ac
Acreage0.80 ac
Price per acre$12,125/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedApr 10, 2024
Coordinates40.4456, -91.1129
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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
21
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

117 ft of deeded road frontage.

Power8,496 ft away

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

Buildable area0.65 of 0.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,982
$7,516$10,448 · $11,227/ac on 0.80 ac
Asking vs estimate
+8.0%
Priced above the comp set

Weighted from 5 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 $9,700
Maximum allowable offer
$5,132
$6,415/ac · +30.0% target margin

You need $4,568 off asking to hit this margin.

All-in cost$5,568
Net resale$8,263
Projected profit$2,695
ROI+48.4%
Annualized+69.3%
Break-even resale$7,566/ac
Profit if resale lands off target
-20%
$1,042
-10%
$1,869
0%
$2,695
+10%
$3,521
+20%
$4,348
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-830424
Paved · Off grid
0.8Feb 24, 2025$11,10013,58512,2275.4 mi
82
IL-460674
Dirt · Power at road
1.0Aug 10, 2025$10,40010,63110,9762.1 mi
81
IL-512251
Landlocked · Off grid
3.1Jul 27, 2026$18,4006,0169,0702.7 mi
71
IL-501987
Landlocked · Full utilities
2.5Apr 2, 2026$34,00013,42614,2177.4 mi
65
IL-622592
Gravel · Power at road
3.9Mar 30, 2024$38,1009,7179,3706.1 mi
55
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Market time (18 mo)+6.2%

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.