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Montgomery County, IL · Sold

IL-408832

4241 County Road 60

$2,470,100
$6,853/ac · 360 ac
Acreage360 ac
Price per acre$6,853/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedNov 8, 2023
Coordinates39.1747, -89.5816
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope20.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,690 ft of deeded road frontage.

Power1,356 ft away

Service extension needed; get a utility quote.

Buildable area207.17 of 360.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,232,644
$1,961,797$2,503,492 · $6,195/ac on 360 ac
Asking vs estimate
+10.6%
Priced above 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 $2,470,100
Maximum allowable offer
$1,275,797
$3,540/ac · +30.0% target margin

You need $1,194,303 off asking to hit this margin.

All-in cost$1,384,240
Net resale$2,054,033
Projected profit$669,793
ROI+48.4%
Annualized+69.2%
Break-even resale$4,175/ac
Profit if resale lands off target
-20%
$258,987
-10%
$464,390
0%
$669,793
+10%
$875,196
+20%
$1,080,600
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-159177
Gravel · Off grid
462.8Jul 27, 2026$2,268,7004,9026,2467.8 mi
81
IL-988518
Landlocked · Off grid
287.1Jul 27, 2026$1,233,8004,2986,99311.2 mi
80
IL-658536
Dirt · Off grid
290.9Jul 27, 2026$1,475,6005,0736,55213.7 mi
79
IL-119689
Gravel · Off grid
670.6Jul 27, 2026$2,265,8003,3794,8184.6 mi
78
IL-557538
Gravel · Full utilities
141.2Feb 13, 2024$1,294,3009,1696,3997.2 mi
57
Show adjustment detail for the top comp
  • Tract size (462.76 ac → 360.42 ac)+7.7%
  • Access (Gravel → Paved)+18.0%

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.