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Macoupin County, IL · Sold

IL-433178

507 County Road 338

$46,000
$7,667/ac · 6.00 ac
Acreage6.00 ac
Price per acre$7,667/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedFeb 4, 2025
Coordinates39.3211, -89.8614
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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

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands29.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,362 ft away

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

Buildable area4.05 of 6.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,269
$30,959$47,580 · $6,545/ac on 6.00 ac
Asking vs estimate
+17.1%
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 $46,000
Maximum allowable offer
$22,440
$3,740/ac · +30.0% target margin

You need $23,560 off asking to hit this margin.

All-in cost$24,347
Net resale$36,128
Projected profit$11,780
ROI+48.4%
Annualized+69.2%
Break-even resale$4,411/ac
Profit if resale lands off target
-20%
$4,555
-10%
$8,168
0%
$11,780
+10%
$15,393
+20%
$19,006
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-513520
Dirt · Power at road
7.7Jul 26, 2026$59,8007,7826,7281.5 mi
87
IL-642970
Gravel · Power at road
5.2Jul 22, 2026$55,70010,7977,8557.6 mi
81
IL-533144
Landlocked · Full utilities
5.8Jan 6, 2026$37,1006,3405,7215.6 mi
80
IL-383507
Paved · Power at road
7.6Jul 27, 2026$80,70010,6116,6817.0 mi
80
IL-802696
Landlocked · Power at road
4.2Jul 27, 2026$29,5006,9727,3915.5 mi
79
IL-463745
Landlocked · Power at road
9.0Jul 27, 2026$39,2004,3364,7947.4 mi
77
IL-892643
Gravel · Full utilities
4.1Aug 27, 2024$55,60013,6648,7092.5 mi
73
IL-103865
Paved · Off grid
9.9Jan 10, 2026$46,5004,7093,63510.6 mi
71
IL-674264
Paved · Off grid
13.2Aug 1, 2025$119,1009,0457,2921.1 mi
70
IL-691620
Gravel · Off grid
1.9May 5, 2026$15,0007,7516,4905.2 mi
69
Show adjustment detail for the top comp
  • Tract size (7.68 ac → 6 ac)+1.5%
  • Utilities (Power at road → Off grid)-15.0%

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.