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Montgomery County, IL · Sold

IL-634011

8928 County Road 379

$97,100
$8,851/ac · 10.97 ac
Acreage10.97 ac
Price per acre$8,851/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedApr 4, 2025
Coordinates39.2410, -89.5696
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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope25.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

472 ft of deeded road frontage.

Power656 ft away

Power at or near the road.

Buildable area6.51 of 10.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,835
$87,946$135,724 · $10,195/ac on 10.97 ac
Asking vs estimate
-13.2%
Priced below 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 $97,100
Maximum allowable offer
$63,906
$5,826/ac · +30.0% target margin

You need $33,194 off asking to hit this margin.

All-in cost$69,338
Net resale$102,888
Projected profit$33,550
ROI+48.4%
Annualized+69.2%
Break-even resale$6,870/ac
Profit if resale lands off target
-20%
$12,973
-10%
$23,262
0%
$33,550
+10%
$43,839
+20%
$54,128
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-643575
Landlocked · Off grid
8.0Apr 22, 2026$38,0004,7535,9460.4 mi
83
IL-583531
Paved · Off grid
7.8Dec 23, 2025$90,40011,6678,5083.7 mi
77
IL-672812
Dirt · Off grid
4.6Jul 27, 2026$53,80011,69911,1086.0 mi
76
IL-532945
Gravel · Power at road
5.1Jul 27, 2026$63,20012,4738,6941.8 mi
76
IL-673117
Dirt · Off grid
5.7Jan 21, 2026$57,60010,0349,8335.9 mi
75
IL-363052
Dirt · Power at road
5.5Jul 27, 2026$76,10013,91611,32012.1 mi
74
IL-334396
Dirt · Full utilities
14.5Jan 4, 2025$255,40017,62513,4624.8 mi
73
IL-713289
Gravel · Off grid
6.5Jul 28, 2025$88,70013,64111,8045.0 mi
71
IL-924092
Gravel · Power at road
11.6Feb 9, 2024$182,20015,66512,7266.6 mi
70
IL-725284
Gravel · Power at road
27.6Apr 29, 2025$299,50010,8589,3325.1 mi
68
Show adjustment detail for the top comp
  • Tract size (8 ac → 10.97 ac)-2.4%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (4 mo)+1.3%

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.