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Montgomery County, IL · Sold

IL-420166

4948 County Road 235

$6,100
$8,971/ac · 0.68 ac
Acreage0.68 ac
Price per acre$8,971/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 27, 2026
Coordinates39.2685, -89.4053
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands18.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

174 ft of deeded road frontage.

Power92 ft away

Power at or near the road.

Buildable area0.52 of 0.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,442
$7,572$11,311 · $13,885/ac on 0.68 ac
Asking vs estimate
-35.4%
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 $6,100
Maximum allowable offer
$5,395
$7,934/ac · +30.0% target margin

You need $705 off asking to hit this margin.

All-in cost$5,854
Net resale$8,686
Projected profit$2,833
ROI+48.4%
Annualized+69.3%
Break-even resale$9,357/ac
Profit if resale lands off target
-20%
$1,095
-10%
$1,964
0%
$2,833
+10%
$3,701
+20%
$4,570
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-680590
Gravel · Power at road
0.9Jun 23, 2026$16,30017,76915,4132.3 mi
83
IL-640931
Dirt · Off grid
1.2Jul 27, 2026$17,60014,95217,7212.5 mi
81
IL-930765
Landlocked · Off grid
1.0Jul 27, 2026$6,7006,4629,6713.1 mi
80
IL-301319
Landlocked · Power at road
1.6Jul 27, 2026$15,3009,78712,5182.9 mi
76
IL-731359
Landlocked · Off grid
1.6Feb 26, 2026$14,6009,08613,9174.3 mi
69
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (2 mo)+0.6%

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.