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Montgomery County, IL · Sold

IL-988518

990 County Road 109

$1,326,700
$4,621/ac · 287 ac
Acreage287 ac
Price per acre$4,621/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedFeb 9, 2026
Coordinates39.2219, -89.3814
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

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

View Montgomery market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands20.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,354 ft away

A long utility run — price in solar/off-grid instead.

Buildable area217.92 of 287.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,063,594
$914,491$1,212,698 · $3,705/ac on 287 ac
Asking vs estimate
+24.7%
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 $1,326,700
Maximum allowable offer
$607,768
$2,117/ac · +30.0% target margin

You need $718,932 off asking to hit this margin.

All-in cost$659,428
Net resale$978,507
Projected profit$319,079
ROI+48.4%
Annualized+69.2%
Break-even resale$2,497/ac
Profit if resale lands off target
-20%
$123,377
-10%
$221,228
0%
$319,079
+10%
$416,929
+20%
$514,780
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-658536
Dirt · Off grid
290.9Jul 27, 2026$1,475,6005,0734,0355.3 mi
88
IL-159177
Gravel · Off grid
462.8Jul 27, 2026$2,268,7004,9023,8474.1 mi
80
IL-119689
Gravel · Off grid
670.6Jul 27, 2026$2,265,8003,3792,9689.2 mi
72
IL-408832
Paved · Off grid
360.4Feb 21, 2024$2,297,2006,3744,33511.2 mi
67
IL-557538
Gravel · Full utilities
141.2Feb 13, 2024$1,294,3009,1693,9415.0 mi
66
IL-516824
Gravel · Full utilities
84.2Jul 18, 2025$687,6008,1712,91810.9 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.