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Henry County, IL · Sold

IL-909611

5765 County Road 276

$3,007,600
$4,746/ac · 634 ac
Acreage634 ac
Price per acre$4,746/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJan 29, 2024
Coordinates41.3317, -90.2080
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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,825 ft of deeded road frontage.

Power9,588 ft away

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

Buildable area541.83 of 633.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,379,800
$1,831,571$2,928,029 · $3,755/ac on 634 ac
Asking vs estimate
+26.4%
Priced above the comp set

Weighted from 7 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 $3,007,600
Maximum allowable offer
$1,359,886
$2,146/ac · +30.0% target margin

You need $1,647,714 off asking to hit this margin.

All-in cost$1,475,476
Net resale$2,189,416
Projected profit$713,940
ROI+48.4%
Annualized+69.2%
Break-even resale$2,531/ac
Profit if resale lands off target
-20%
$276,056
-10%
$494,998
0%
$713,940
+10%
$932,881
+20%
$1,151,823
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-139336
Dirt · Off grid
519.3Jan 19, 2026$1,344,2002,5892,4954.0 mi
83
IL-609924
Dirt · Full utilities
795.0Jul 27, 2026$3,452,8004,3433,2517.9 mi
83
IL-968491
Landlocked · Power at road
281.5May 1, 2025$1,430,4005,0814,5207.1 mi
63
IL-277058
Gravel · Full utilities
99.7Jan 12, 2026$891,9008,9463,2581.5 mi
62
IL-598157
Gravel · Full utilities
221.0Mar 7, 2025$2,456,90011,1165,1754.8 mi
61
IL-716908
Landlocked · Power at road
89.4Nov 19, 2025$564,4006,3114,0405.1 mi
58
IL-656826
Dirt · Full utilities
84.3Apr 13, 2024$823,7009,7744,2607.1 mi
52
Show adjustment detail for the top comp
  • Tract size (519.25 ac → 633.72 ac)-5.9%
  • Market time (7 mo)+2.4%

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.