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Henry County, IL · Sold

IL-656826

5639 County Road 266

$770,500
$9,143/ac · 84.27 ac
Acreage84.27 ac
Price per acre$9,143/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedNov 12, 2023
Coordinates41.4265, -90.1536
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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
14
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,136 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area70.53 of 84.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$793,497
$693,492$893,501 · $9,416/ac on 84.27 ac
Asking vs estimate
-2.9%
In line with 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 $770,500
Maximum allowable offer
$453,427
$5,381/ac · +30.0% target margin

You need $317,073 off asking to hit this margin.

All-in cost$491,968
Net resale$730,017
Projected profit$238,049
ROI+48.4%
Annualized+69.2%
Break-even resale$6,346/ac
Profit if resale lands off target
-20%
$92,045
-10%
$165,047
0%
$238,049
+10%
$311,050
+20%
$384,052
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-716908
Landlocked · Power at road
89.4Nov 19, 2025$564,4006,31110,1832.0 mi
81
IL-277058
Gravel · Full utilities
99.7Jan 12, 2026$891,9008,9468,2105.6 mi
80
IL-875879
Gravel · Off grid
42.4Jul 27, 2026$317,8007,4898,0083.8 mi
75
IL-496427
Gravel · Off grid
63.1Mar 6, 2026$613,9009,72611,4547.6 mi
75
IL-425693
Dirt · Power at road
37.1Jul 27, 2026$299,2008,0678,3186.7 mi
75
IL-556244
Dirt · Power at road
55.3Apr 17, 2025$405,9007,3438,6142.5 mi
74
IL-316529
Gravel · Off grid
68.0Jul 18, 2025$547,4008,0549,8925.8 mi
73
IL-635624
Paved · Full utilities
35.3Jul 27, 2026$498,70014,1358,63110.8 mi
71
IL-756433
Dirt · Full utilities
63.4Aug 23, 2024$694,60010,95611,1259.9 mi
70
IL-816279
Landlocked · Off grid
56.7Mar 16, 2024$305,4005,3869,8595.1 mi
66
Show adjustment detail for the top comp
  • Tract size (89.43 ac → 84.27 ac)+1.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (9 mo)+3.1%

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.