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Montgomery County, IL · Sold

IL-516824

2275 County Road 150

$736,200
$8,749/ac · 84.15 ac
Acreage84.15 ac
Price per acre$8,749/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJan 25, 2025
Coordinates39.1491, -89.5614
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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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope21.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,333 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area47.06 of 84.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,112,517
$875,257$1,349,777 · $13,221/ac on 84.15 ac
Asking vs estimate
-33.8%
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 $736,200
Maximum allowable offer
$635,724
$7,555/ac · +30.0% target margin

You need $100,476 off asking to hit this margin.

All-in cost$689,761
Net resale$1,023,516
Projected profit$333,755
ROI+48.4%
Annualized+69.2%
Break-even resale$8,910/ac
Profit if resale lands off target
-20%
$129,052
-10%
$231,404
0%
$333,755
+10%
$436,107
+20%
$538,458
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-496151
Paved · Power at road
51.7Aug 10, 2025$996,00019,27218,6658.9 mi
67
IL-557538
Gravel · Full utilities
141.2Feb 13, 2024$1,294,3009,16911,5367.6 mi
67
IL-988518
Landlocked · Off grid
287.1Jul 27, 2026$1,233,8004,29812,60710.9 mi
65
IL-658536
Dirt · Off grid
290.9Jul 27, 2026$1,475,6005,07311,81214.1 mi
64
IL-725284
Gravel · Power at road
27.6Apr 29, 2025$299,50010,85811,2217.3 mi
62
Show adjustment detail for the top comp
  • Tract size (51.68 ac → 84.15 ac)-10.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (12 mo)+4.3%

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.