IL-557538
1633 County Road 240
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Montgomery County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Montgomery market data →Step 1 · Is this a deal?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
2,633 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $365,532 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-988518 Landlocked · Off grid | 287.1 | Jul 27, 2026 | $1,233,800 | 4,298 | 11,074 | 5.0 mi | 79 |
| IL-658536 Dirt · Off grid | 290.9 | Jul 27, 2026 | $1,475,600 | 5,073 | 10,376 | 6.6 mi | 74 |
| IL-159177 Gravel · Off grid | 462.8 | Jul 27, 2026 | $2,268,700 | 4,902 | 9,892 | 4.3 mi | 72 |
| IL-516824 Gravel · Full utilities | 84.2 | Jul 18, 2025 | $687,600 | 8,171 | 7,503 | 7.6 mi | 72 |
| IL-496151 Paved · Power at road | 51.7 | Aug 10, 2025 | $996,000 | 19,272 | 16,396 | 1.5 mi | 66 |
| IL-408832 Paved · Off grid | 360.4 | Feb 21, 2024 | $2,297,200 | 6,374 | 11,147 | 7.2 mi | 57 |
Show adjustment detail for the top comp
- Tract size (287.09 ac → 141.16 ac)+21.8%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Off grid → Full utilities)+43.5%
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.