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Henry County, IL · Sold

IL-139336

6119 County Road 349

$1,467,500
$2,826/ac · 519 ac
Acreage519 ac
Price per acre$2,826/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 10, 2025
Coordinates41.2756, -90.1900
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

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

View Henry market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands48.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,311 ft of deeded road frontage.

Power12,234 ft away

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

Buildable area252.56 of 519.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,277,793
$1,863,604$2,691,983 · $4,387/ac on 519 ac
Asking vs estimate
-35.6%
Priced below 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 $1,467,500
Maximum allowable offer
$1,301,596
$2,507/ac · +30.0% target margin

You need $165,904 off asking to hit this margin.

All-in cost$1,412,232
Net resale$2,095,570
Projected profit$683,338
ROI+48.4%
Annualized+69.2%
Break-even resale$2,956/ac
Profit if resale lands off target
-20%
$264,224
-10%
$473,781
0%
$683,338
+10%
$892,895
+20%
$1,102,452
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-609924
Dirt · Full utilities
795.0Jul 27, 2026$3,452,8004,3433,4547.2 mi
80
IL-909611
Dirt · Off grid
633.7Jan 3, 2025$2,640,7004,1674,7274.0 mi
77
IL-968491
Landlocked · Power at road
281.5May 1, 2025$1,430,4005,0814,8036.7 mi
70
IL-598157
Gravel · Full utilities
221.0Mar 7, 2025$2,456,90011,1165,4984.5 mi
68
IL-277058
Gravel · Full utilities
99.7Jan 12, 2026$891,9008,9463,4615.2 mi
61
Show adjustment detail for the top comp
  • Tract size (795 ac → 519.25 ac)+13.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.