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Macoupin County, IL · Sold

IL-149797

9854 County Road 29

$2,849,100
$3,929/ac · 725 ac
Acreage725 ac
Price per acre$3,929/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedNov 23, 2023
Coordinates39.2500, -89.9601
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

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

View Macoupin market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
18
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,120 ft of deeded road frontage.

Power13,606 ft away

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

Buildable area658.56 of 725.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,338,542
$2,049,212$2,627,873 · $3,225/ac on 725 ac
Asking vs estimate
+21.8%
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 $2,849,100
Maximum allowable offer
$1,336,310
$1,843/ac · +30.0% target margin

You need $1,512,790 off asking to hit this margin.

All-in cost$1,449,896
Net resale$2,151,459
Projected profit$701,562
ROI+48.4%
Annualized+69.2%
Break-even resale$2,173/ac
Profit if resale lands off target
-20%
$271,271
-10%
$486,417
0%
$701,562
+10%
$916,708
+20%
$1,131,854
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-879972
Paved · Power at road
823.1Feb 18, 2026$3,062,6003,7212,8441.0 mi
82
IL-239828
Gravel · Off grid
741.6Jan 6, 2024$1,955,8002,6372,9477.7 mi
79
IL-779301
Gravel · Full utilities
506.3Nov 19, 2025$2,523,2004,9843,2093.5 mi
77
IL-888594
Landlocked · Power at road
303.3Jul 9, 2026$1,267,7004,1794,0394.8 mi
76
IL-397975
Paved · Power at road
193.7Feb 26, 2025$1,178,8006,0853,1532.3 mi
60
IL-837724
Landlocked · Power at road
161.5Aug 23, 2025$610,5003,7793,1714.3 mi
60
Show adjustment detail for the top comp
  • Tract size (823.13 ac → 725.13 ac)+4.0%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (6 mo)+2.1%

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.