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Montgomery County, IL · Sold

IL-661966

3429 County Road 192

$20,900
$8,394/ac · 2.49 ac
Acreage2.49 ac
Price per acre$8,394/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedNov 21, 2025
Coordinates39.2148, -89.5090
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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

Montgomery County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power218 ft away

Power at or near the road.

Buildable area2.26 of 2.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,578
$21,229$29,926 · $10,272/ac on 2.49 ac
Asking vs estimate
-18.3%
Priced below 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 $20,900
Maximum allowable offer
$14,616
$5,870/ac · +30.0% target margin

You need $6,284 off asking to hit this margin.

All-in cost$15,858
Net resale$23,531
Projected profit$7,673
ROI+48.4%
Annualized+69.2%
Break-even resale$6,923/ac
Profit if resale lands off target
-20%
$2,967
-10%
$5,320
0%
$7,673
+10%
$10,026
+20%
$12,379
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-672812
Dirt · Off grid
4.6Jul 27, 2026$53,80011,69911,1292.7 mi
82
IL-301319
Landlocked · Power at road
1.6Jul 27, 2026$15,3009,7879,7189.0 mi
80
IL-532945
Gravel · Power at road
5.1Jul 27, 2026$63,20012,4738,7113.1 mi
78
IL-731359
Landlocked · Off grid
1.6Feb 26, 2026$14,6009,08610,8045.1 mi
78
IL-930765
Landlocked · Off grid
1.0Jul 27, 2026$6,7006,4627,5084.8 mi
76
IL-363052
Dirt · Power at road
5.5Jul 27, 2026$76,10013,91611,3418.3 mi
73
IL-222471
Landlocked · Power at road
3.6Aug 22, 2024$31,1008,6629,4843.3 mi
73
IL-583531
Paved · Off grid
7.8Dec 23, 2025$90,40011,6678,5240.5 mi
72
IL-640931
Dirt · Off grid
1.2Jul 27, 2026$17,60014,95213,7578.6 mi
72
IL-680590
Gravel · Power at road
0.9Jun 23, 2026$16,30017,76911,9667.5 mi
70
Show adjustment detail for the top comp
  • Tract size (4.6 ac → 2.49 ac)+2.0%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.