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Henry County, IL · Sold

IL-598157

4688 County Road 42

$2,287,600
$10,350/ac · 221 ac
Acreage221 ac
Price per acre$10,350/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedAug 14, 2024
Coordinates41.3126, -90.1188
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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

Henry County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Henry market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope10.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area209.56 of 221.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,958,473
$1,615,736$2,301,209 · $8,861/ac on 221 ac
Asking vs estimate
+16.8%
Priced above 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 $2,287,600
Maximum allowable offer
$1,119,127
$5,063/ac · +30.0% target margin

You need $1,168,473 off asking to hit this margin.

All-in cost$1,214,253
Net resale$1,801,795
Projected profit$587,542
ROI+48.4%
Annualized+69.2%
Break-even resale$5,971/ac
Profit if resale lands off target
-20%
$227,183
-10%
$407,362
0%
$587,542
+10%
$767,721
+20%
$947,901
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-968491
Landlocked · Power at road
281.5May 1, 2025$1,430,4005,08110,2982.4 mi
79
IL-277058
Gravel · Full utilities
99.7Jan 12, 2026$891,9008,9467,4214.7 mi
73
IL-139336
Dirt · Off grid
519.3Jan 19, 2026$1,344,2002,5895,6844.5 mi
73
IL-316529
Gravel · Off grid
68.0Jul 18, 2025$547,4008,0548,9413.7 mi
65
IL-716908
Landlocked · Power at road
89.4Nov 19, 2025$564,4006,3119,2046.8 mi
65
IL-909611
Dirt · Off grid
633.7Jan 3, 2025$2,640,7004,16710,1364.8 mi
60
IL-756433
Dirt · Full utilities
63.4Aug 23, 2024$694,60010,95610,0564.5 mi
59
IL-656826
Dirt · Full utilities
84.3Apr 13, 2024$823,7009,7749,7048.1 mi
58
Show adjustment detail for the top comp
  • Tract size (281.53 ac → 221.03 ac)+7.2%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (15 mo)+5.4%

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.