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Montgomery County, IL · Sold

IL-159177

8368 County Road 180

$2,116,300
$4,573/ac · 463 ac
Acreage463 ac
Price per acre$4,573/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedDec 8, 2025
Coordinates39.1791, -89.4358
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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
7
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,974 ft of deeded road frontage.

Power2,826 ft away

Service extension needed; get a utility quote.

Buildable area433.91 of 462.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,302,249
$1,994,754$2,609,744 · $4,975/ac on 463 ac
Asking vs estimate
-8.1%
Priced below the comp set

Weighted from 5 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 $2,116,300
Maximum allowable offer
$1,315,571
$2,843/ac · +30.0% target margin

You need $800,729 off asking to hit this margin.

All-in cost$1,427,395
Net resale$2,118,069
Projected profit$690,675
ROI+48.4%
Annualized+69.2%
Break-even resale$3,353/ac
Profit if resale lands off target
-20%
$267,061
-10%
$478,868
0%
$690,675
+10%
$902,482
+20%
$1,114,289
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-119689
Gravel · Off grid
670.6Jul 27, 2026$2,265,8003,3793,7907.4 mi
82
IL-988518
Landlocked · Off grid
287.1Jul 27, 2026$1,233,8004,2985,5014.1 mi
80
IL-658536
Dirt · Off grid
290.9Jul 27, 2026$1,475,6005,0735,1548.8 mi
77
IL-408832
Paved · Off grid
360.4Feb 21, 2024$2,297,2006,3745,5377.8 mi
68
IL-557538
Gravel · Full utilities
141.2Feb 13, 2024$1,294,3009,1695,0344.3 mi
59
Show adjustment detail for the top comp
  • Tract size (670.56 ac → 462.76 ac)+11.9%

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.