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Montgomery County, IL · Sold

IL-673117

5676 County Road 297

$69,900
$12,178/ac · 5.74 ac
Acreage5.74 ac
Price per acre$12,178/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJun 8, 2025
Coordinates39.3062, -89.4974
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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope22.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,636 ft away

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

Buildable area3.28 of 5.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$55,479
$45,055$65,902 · $9,665/ac on 5.74 ac
Asking vs estimate
+26.0%
Priced above 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 $69,900
Maximum allowable offer
$31,702
$5,523/ac · +30.0% target margin

You need $38,198 off asking to hit this margin.

All-in cost$34,397
Net resale$51,041
Projected profit$16,644
ROI+48.4%
Annualized+69.3%
Break-even resale$6,514/ac
Profit if resale lands off target
-20%
$6,436
-10%
$11,540
0%
$16,644
+10%
$21,748
+20%
$26,852
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-363052
Dirt · Power at road
5.5Jul 27, 2026$76,10013,91611,82612.5 mi
89
IL-672812
Dirt · Off grid
4.6Jul 27, 2026$53,80011,69911,6045.9 mi
86
IL-713289
Gravel · Off grid
6.5Jul 28, 2025$88,70013,64112,3322.1 mi
84
IL-532945
Gravel · Power at road
5.1Jul 27, 2026$63,20012,4739,0834.3 mi
84
IL-792742
Paved · Off grid
4.4Sep 10, 2025$52,60012,0419,0054.6 mi
80
IL-643575
Landlocked · Off grid
8.0Apr 22, 2026$38,0004,7536,2126.4 mi
79
IL-583531
Paved · Off grid
7.8Dec 23, 2025$90,40011,6678,8886.8 mi
76
IL-634011
Dirt · Off grid
11.0Aug 15, 2025$82,2007,4978,1615.9 mi
72
IL-661966
Landlocked · Power at road
2.5Jul 24, 2026$21,2008,5288,9156.3 mi
72
IL-222471
Landlocked · Power at road
3.6Aug 22, 2024$31,1008,6629,8888.4 mi
64
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%

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.