Henry County, IL · Sold

IL-496427

4593 County Road 227

$631,600

$10,006/ac · 63.12 ac

Offer report Market this tract

Acreage63.12 ac

Price per acre$10,006/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyFlat

ListedJun 3, 2025

Coordinates41.3162, -90.1577

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands25.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,125 ft of deeded road frontage.

Power11,870 ft away

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

Buildable area44.79 of 63.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$508,652

$450,243 – $567,062 · $8,058/ac on 63.12 ac

Asking vs estimate

+24.2%

Priced above 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 $631,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$290,659

$4,605/ac · +30.0% target margin

You need $340,941 off asking to hit this margin.

All-in cost$315,365

Net resale$467,960

Projected profit$152,595

ROI+48.4%

Annualized+69.2%

Break-even resale$5,431/ac

Profit if resale lands off target

-20%

$59,003

-10%

$105,799

$152,595

+10%

$199,391

+20%

$246,187

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-316529 Gravel · Off grid	68.0	Jul 18, 2025	$547,400	8,054	8,556	2.2 mi	83
IL-875879 Gravel · Off grid	42.4	Jul 27, 2026	$317,800	7,489	6,926	5.8 mi	83
IL-425693 Dirt · Power at road	37.1	Jul 27, 2026	$299,200	8,067	7,195	1.9 mi	80
IL-277058 Gravel · Full utilities	99.7	Jan 12, 2026	$891,900	8,946	7,102	3.0 mi	77
IL-635624 Paved · Full utilities	35.3	Jul 27, 2026	$498,700	14,135	7,466	7.2 mi	75
IL-716908 Landlocked · Power at road	89.4	Nov 19, 2025	$564,400	6,311	8,808	5.9 mi	73
IL-756433 Dirt · Full utilities	63.4	Aug 23, 2024	$694,600	10,956	9,623	6.5 mi	73
IL-556244 Dirt · Power at road	55.3	Apr 17, 2025	$405,900	7,343	7,451	7.4 mi	73
IL-816279 Landlocked · Off grid	56.7	Mar 16, 2024	$305,400	5,386	8,528	8.9 mi	71
IL-656826 Dirt · Full utilities	84.3	Apr 13, 2024	$823,700	9,774	9,286	7.6 mi	66

Show adjustment detail for the top comp

Tract size (67.96 ac → 63.12 ac)+1.6%
Market time (13 mo)+4.5%

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.

Build the listing kit Post a deal or JV