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Macoupin County, IL · Sold

IL-802696

2981 County Road 206

$27,900
$6,596/ac · 4.23 ac
Acreage4.23 ac
Price per acre$6,596/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedApr 11, 2026
Coordinates39.2618, -89.9296
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope16.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power212 ft away

Power at or near the road.

Buildable area3.19 of 4.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,509
$23,164$33,853 · $6,740/ac on 4.23 ac
Asking vs estimate
-2.1%
In line with 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 $27,900
Maximum allowable offer
$16,291
$3,851/ac · +30.0% target margin

You need $11,609 off asking to hit this margin.

All-in cost$17,676
Net resale$26,228
Projected profit$8,552
ROI+48.4%
Annualized+69.2%
Break-even resale$4,542/ac
Profit if resale lands off target
-20%
$3,307
-10%
$5,929
0%
$8,552
+10%
$11,175
+20%
$13,798
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-642970
Gravel · Power at road
5.2Jul 22, 2026$55,70010,7977,4264.2 mi
85
IL-383507
Paved · Power at road
7.6Jul 27, 2026$80,70010,6116,3164.8 mi
83
IL-463745
Landlocked · Power at road
9.0Jul 27, 2026$39,2004,3364,5322.8 mi
80
IL-533144
Landlocked · Full utilities
5.8Jan 6, 2026$37,1006,3405,4082.9 mi
79
IL-513520
Dirt · Power at road
7.7Jul 26, 2026$59,8007,7826,3604.6 mi
78
IL-924003
Landlocked · Power at road
10.9Jan 12, 2026$77,4007,0977,6995.7 mi
76
IL-892643
Gravel · Full utilities
4.1Aug 27, 2024$55,60013,6648,2334.8 mi
73
IL-112096
Paved · Off grid
2.7Dec 3, 2024$25,1009,1506,5522.8 mi
73
IL-691620
Gravel · Off grid
1.9May 5, 2026$15,0007,7516,1362.9 mi
73
IL-231037
Dirt · Off grid
1.3Jul 27, 2026$12,7009,9709,0291.8 mi
71
Show adjustment detail for the top comp
  • Tract size (5.16 ac → 4.23 ac)+0.9%
  • Access (Gravel → Landlocked)-32.0%

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.