← New search
Henry County, IL · Sold

IL-425693

6696 County Road 292

$298,600
$8,051/ac · 37.09 ac
Acreage37.09 ac
Price per acre$8,051/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJun 11, 2026
Coordinates41.3328, -90.1863
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands40.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,581 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area21.00 of 37.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$346,507
$303,544$389,470 · $9,342/ac on 37.09 ac
Asking vs estimate
-13.8%
Priced below 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 $298,600
Maximum allowable offer
$198,004
$5,338/ac · +30.0% target margin

You need $100,596 off asking to hit this margin.

All-in cost$214,834
Net resale$318,786
Projected profit$103,952
ROI+48.4%
Annualized+69.2%
Break-even resale$6,296/ac
Profit if resale lands off target
-20%
$40,195
-10%
$72,074
0%
$103,952
+10%
$135,831
+20%
$167,709
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-875879
Gravel · Off grid
42.4Jul 27, 2026$317,8007,4897,7835.8 mi
83
IL-635624
Paved · Full utilities
35.3Jul 27, 2026$498,70014,1358,3898.8 mi
83
IL-496427
Gravel · Off grid
63.1Mar 6, 2026$613,9009,72611,1331.9 mi
76
IL-556244
Dirt · Power at road
55.3Apr 17, 2025$405,9007,3438,3726.0 mi
73
IL-277058
Gravel · Full utilities
99.7Jan 12, 2026$891,9008,9467,9801.3 mi
73
IL-316529
Gravel · Off grid
68.0Jul 18, 2025$547,4008,0549,6150.9 mi
71
IL-716908
Landlocked · Power at road
89.4Nov 19, 2025$564,4006,3119,8974.8 mi
69
IL-816279
Landlocked · Off grid
56.7Mar 16, 2024$305,4005,3869,5829.1 mi
68
IL-654701
Dirt · Off grid
18.1Oct 4, 2024$165,4009,14610,4291.9 mi
68
IL-756433
Dirt · Full utilities
63.4Aug 23, 2024$694,60010,95610,8148.1 mi
66
Show adjustment detail for the top comp
  • Tract size (42.44 ac → 37.09 ac)+2.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.