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Henry County, IL · Sold

IL-532487

561 County Road 111

$47,400
$13,022/ac · 3.64 ac
Acreage3.64 ac
Price per acre$13,022/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedJul 1, 2024
Coordinates41.3958, -90.1362
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
33
Moderate risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area3.40 of 3.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$34,297
$27,124$41,469 · $9,422/ac on 3.64 ac
Asking vs estimate
+38.2%
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 $47,400
Maximum allowable offer
$19,598
$5,384/ac · +30.0% target margin

You need $27,802 off asking to hit this margin.

All-in cost$21,264
Net resale$31,553
Projected profit$10,289
ROI+48.4%
Annualized+69.3%
Break-even resale$6,350/ac
Profit if resale lands off target
-20%
$3,978
-10%
$7,134
0%
$10,289
+10%
$13,444
+20%
$16,600
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-342633
Dirt · Full utilities
4.0Oct 26, 2025$43,20010,6868,7682.0 mi
86
IL-542683
Paved · Power at road
4.2Jul 27, 2026$44,70010,6687,5563.7 mi
84
IL-952908
Dirt · Off grid
4.9May 28, 2024$34,8007,0668,8725.6 mi
72
IL-191352
Landlocked · Off grid
1.6Sep 13, 2025$8,8005,5258,0745.4 mi
68
IL-251421
Dirt · Full utilities
1.7Aug 25, 2025$18,80011,1789,0256.9 mi
67
IL-533715
Dirt · Full utilities
8.8Oct 25, 2024$97,30010,9909,7902.5 mi
64
IL-243688
Dirt · Off grid
8.7Jun 28, 2025$69,5008,0049,9505.0 mi
64
IL-893977
Gravel · Power at road
10.7Aug 26, 2024$165,50015,46814,7684.2 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Market time (10 mo)+3.4%

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.