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Macoupin County, IL · Sold

IL-879972

4121 County Road 386

$2,922,300
$3,550/ac · 823 ac
Acreage823 ac
Price per acre$3,550/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedApr 25, 2025
Coordinates39.2523, -89.9794
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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

Macoupin County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Macoupin market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands29.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

5,340 ft of deeded road frontage.

Power68 ft away

Power at or near the road.

Buildable area554.42 of 823.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,839,569
$3,261,501$4,417,637 · $4,665/ac on 823 ac
Asking vs estimate
-23.9%
Priced below 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 $2,922,300
Maximum allowable offer
$2,194,039
$2,665/ac · +30.0% target margin

You need $728,261 off asking to hit this margin.

All-in cost$2,380,532
Net resale$3,532,404
Projected profit$1,151,871
ROI+48.4%
Annualized+69.2%
Break-even resale$3,144/ac
Profit if resale lands off target
-20%
$445,391
-10%
$798,631
0%
$1,151,871
+10%
$1,505,112
+20%
$1,858,352
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-779301
Gravel · Full utilities
506.3Nov 19, 2025$2,523,2004,9844,2843.1 mi
73
IL-149797
Gravel · Off grid
725.1Jan 2, 2024$2,837,7003,9135,8001.0 mi
73
IL-888594
Landlocked · Power at road
303.3Jul 9, 2026$1,267,7004,1795,3924.9 mi
72
IL-239828
Gravel · Off grid
741.6Jan 6, 2024$1,955,8002,6373,9347.3 mi
69
IL-397975
Paved · Power at road
193.7Feb 26, 2025$1,178,8006,0854,2092.9 mi
68
IL-837724
Landlocked · Power at road
161.5Aug 23, 2025$610,5003,7794,2335.1 mi
60
Show adjustment detail for the top comp
  • Tract size (506.25 ac → 823.13 ac)-13.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (9 mo)+3.1%

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.