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Henry County, IL · Sold

IL-240730

7479 County Road 11

$14,400
$14,118/ac · 1.02 ac
Acreage1.02 ac
Price per acre$14,118/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJan 1, 2024
Coordinates41.2940, -90.2172
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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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

231 ft of deeded road frontage.

Power80 ft away

Power at or near the road.

Buildable area0.84 of 1.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,560
$9,273$13,847 · $11,333/ac on 1.02 ac
Asking vs estimate
+24.6%
Priced above the comp set

Weighted from 6 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 $14,400
Maximum allowable offer
$6,606
$6,476/ac · +30.0% target margin

You need $7,794 off asking to hit this margin.

All-in cost$7,168
Net resale$10,635
Projected profit$3,468
ROI+48.4%
Annualized+69.2%
Break-even resale$7,638/ac
Profit if resale lands off target
-20%
$1,341
-10%
$2,404
0%
$3,468
+10%
$4,531
+20%
$5,595
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-191352
Landlocked · Off grid
1.6Sep 13, 2025$8,8005,5259,9882.8 mi
77
IL-251421
Dirt · Full utilities
1.7Aug 25, 2025$18,80011,17811,1656.9 mi
69
IL-542683
Paved · Power at road
4.2Jul 27, 2026$44,70010,6689,3476.5 mi
68
IL-342633
Dirt · Full utilities
4.0Oct 26, 2025$43,20010,68610,8467.6 mi
60
IL-532487
Landlocked · Full utilities
3.6Sep 8, 2025$46,40012,73516,3748.2 mi
59
IL-952908
Dirt · Off grid
4.9May 28, 2024$34,8007,06610,9756.9 mi
52
Show adjustment detail for the top comp
  • Tract size (1.6 ac → 1.02 ac)+0.6%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (11 mo)+3.9%

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.