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Macoupin County, IL · Sold

IL-947308

7886 County Road 240

$822,700
$6,885/ac · 119 ac
Acreage119 ac
Price per acre$6,885/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedSep 14, 2024
Coordinates39.3494, -89.9231
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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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,246 ft of deeded road frontage.

Power209 ft away

Power at or near the road.

Buildable area112.61 of 119.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$726,394
$613,386$839,402 · $6,079/ac on 119 ac
Asking vs estimate
+13.3%
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 $822,700
Maximum allowable offer
$415,083
$3,474/ac · +30.0% target margin

You need $407,617 off asking to hit this margin.

All-in cost$450,365
Net resale$668,283
Projected profit$217,918
ROI+48.4%
Annualized+69.2%
Break-even resale$4,097/ac
Profit if resale lands off target
-20%
$84,261
-10%
$151,090
0%
$217,918
+10%
$284,746
+20%
$351,574
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-167041
Gravel · Off grid
98.5Dec 26, 2024$453,3004,6035,5135.3 mi
74
IL-837724
Landlocked · Power at road
161.5Aug 23, 2025$610,5003,7796,26410.6 mi
72
IL-888594
Landlocked · Power at road
303.3Jul 9, 2026$1,267,7004,1797,97811.9 mi
70
IL-397975
Paved · Power at road
193.7Feb 26, 2025$1,178,8006,0856,2284.9 mi
69
IL-635958
Paved · Power at road
44.9Apr 21, 2026$341,0007,5875,2246.8 mi
69
IL-966774
Paved · Off grid
81.2Dec 28, 2023$422,6005,2075,2454.6 mi
66
Show adjustment detail for the top comp
  • Tract size (98.48 ac → 119.49 ac)-4.7%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (20 mo)+6.9%

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.