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Macoupin County, IL · Sold

IL-397975

9416 County Road 15

$1,098,600
$5,671/ac · 194 ac
Acreage194 ac
Price per acre$5,671/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 19, 2024
Coordinates39.2788, -89.9372
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands8.2% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,798 ft of deeded road frontage.

Power182 ft away

Power at or near the road.

Buildable area168.95 of 193.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,283,274
$1,104,492$1,462,055 · $6,624/ac on 194 ac
Asking vs estimate
-14.4%
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 $1,098,600
Maximum allowable offer
$733,299
$3,785/ac · +30.0% target margin

You need $365,301 off asking to hit this margin.

All-in cost$795,629
Net resale$1,180,612
Projected profit$384,982
ROI+48.4%
Annualized+69.2%
Break-even resale$4,464/ac
Profit if resale lands off target
-20%
$148,860
-10%
$266,921
0%
$384,982
+10%
$503,044
+20%
$621,105
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-888594
Landlocked · Power at road
303.3Jul 9, 2026$1,267,7004,1798,2757.0 mi
78
IL-837724
Landlocked · Power at road
161.5Aug 23, 2025$610,5003,7796,4975.8 mi
77
IL-947308
Gravel · Power at road
119.5Oct 12, 2025$764,3006,3966,8694.9 mi
73
IL-779301
Gravel · Full utilities
506.3Nov 19, 2025$2,523,2004,9846,5742.9 mi
67
IL-167041
Gravel · Off grid
98.5Dec 26, 2024$453,3004,6035,7182.9 mi
65
IL-966774
Paved · Off grid
81.2Dec 28, 2023$422,6005,2075,4402.8 mi
63
Show adjustment detail for the top comp
  • Tract size (303.34 ac → 193.73 ac)+13.6%
  • Access (Landlocked → Paved)+73.5%
  • Market time (1 mo)+0.4%

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.