Montgomery County, IL · Sold

IL-713289

4851 County Road 146

$98,300

$15,123/ac · 6.50 ac

Offer report Market this tract

Acreage6.50 ac

Price per acre$15,123/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedDec 8, 2024

Coordinates39.3084, -89.5363

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands18.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

293 ft of deeded road frontage.

Power1,748 ft away

Service extension needed; get a utility quote.

Buildable area5.05 of 6.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$72,712

$58,385 – $87,040 · $11,187/ac on 6.50 ac

Asking vs estimate

+35.2%

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 $98,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$41,550

$6,392/ac · +30.0% target margin

You need $56,750 off asking to hit this margin.

All-in cost$45,082

Net resale$66,895

Projected profit$21,814

ROI+48.4%

Annualized+69.2%

Break-even resale$7,539/ac

Profit if resale lands off target

-20%

$8,435

-10%

$15,124

$21,814

+10%

$28,503

+20%

$35,193

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-673117 Dirt · Off grid	5.7	Jan 21, 2026	$57,600	10,034	11,865	2.1 mi	87
IL-532945 Gravel · Power at road	5.1	Jul 27, 2026	$63,200	12,473	10,490	3.8 mi	85
IL-363052 Dirt · Power at road	5.5	Jul 27, 2026	$76,100	13,916	13,659	13.8 mi	82
IL-643575 Landlocked · Off grid	8.0	Apr 22, 2026	$38,000	4,753	7,175	5.4 mi	81
IL-792742 Paved · Off grid	4.4	Sep 10, 2025	$52,600	12,041	10,401	2.5 mi	80
IL-672812 Dirt · Off grid	4.6	Jul 27, 2026	$53,800	11,699	13,403	7.0 mi	80
IL-583531 Paved · Off grid	7.8	Dec 23, 2025	$90,400	11,667	10,265	7.0 mi	78
IL-634011 Dirt · Off grid	11.0	Aug 15, 2025	$82,200	7,497	9,426	5.0 mi	71
IL-661966 Landlocked · Power at road	2.5	Jul 24, 2026	$21,200	8,528	10,296	6.6 mi	71
IL-924092 Gravel · Power at road	11.6	Feb 9, 2024	$182,200	15,665	15,356	6.6 mi	64

Show adjustment detail for the top comp

Tract size (5.74 ac → 6.5 ac)-0.7%
Access (Dirt → Gravel)+16.3%
Market time (7 mo)+2.4%

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.

Build the listing kit Post a deal or JV