Henry County, IL · Sold

IL-342633

2151 County Road 116

$42,200

$10,446/ac · 4.04 ac

Offer report Market this tract

Acreage4.04 ac

Price per acre$10,446/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedApr 14, 2025

Coordinates41.3714, -90.1138

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County GIS boundary

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

448 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.44 of 4.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$51,383

$39,448 – $63,318 · $12,719/ac on 4.04 ac

Asking vs estimate

-17.9%

Priced below 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 $42,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$29,362

$7,268/ac · +30.0% target margin

You need $12,838 off asking to hit this margin.

All-in cost$31,858

Net resale$47,272

Projected profit$15,415

ROI+48.4%

Annualized+69.2%

Break-even resale$8,571/ac

Profit if resale lands off target

-20%

$5,960

-10%

$10,687

$15,415

+10%

$20,142

+20%

$24,869

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-542683 Paved · Power at road	4.2	Jul 27, 2026	$44,700	10,668	9,519	1.8 mi	88
IL-532487 Landlocked · Full utilities	3.6	Sep 8, 2025	$46,400	12,735	16,676	2.0 mi	85
IL-952908 Dirt · Off grid	4.9	May 28, 2024	$34,800	7,066	11,178	3.6 mi	78
IL-251421 Dirt · Full utilities	1.7	Aug 25, 2025	$18,800	11,178	11,371	5.0 mi	70
IL-533715 Dirt · Full utilities	8.8	Oct 25, 2024	$97,300	10,990	12,335	1.8 mi	69
IL-243688 Dirt · Off grid	8.7	Jun 28, 2025	$69,500	8,004	12,536	3.9 mi	69
IL-191352 Landlocked · Off grid	1.6	Sep 13, 2025	$8,800	5,525	10,172	4.9 mi	65
IL-893977 Gravel · Power at road	10.7	Aug 26, 2024	$165,500	15,468	18,607	2.4 mi	61

Show adjustment detail for the top comp

Access (Paved → Dirt)-27.1%
Utilities (Power at road → Full utilities)+22.0%

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