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Montgomery County, IL · Sold

IL-764771

753 County Road 24

$153,600
$8,076/ac · 19.02 ac
Acreage19.02 ac
Price per acre$8,076/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedNov 16, 2023
Coordinates39.2762, -89.4399
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

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,916 ft away

Service extension needed; get a utility quote.

Buildable area16.64 of 19.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$150,395
$111,039$189,751 · $7,907/ac on 19.02 ac
Asking vs estimate
+2.1%
In line with 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 $153,600
Maximum allowable offer
$85,940
$4,518/ac · +30.0% target margin

You need $67,660 off asking to hit this margin.

All-in cost$93,245
Net resale$138,363
Projected profit$45,118
ROI+48.4%
Annualized+69.2%
Break-even resale$5,329/ac
Profit if resale lands off target
-20%
$17,446
-10%
$31,282
0%
$45,118
+10%
$58,955
+20%
$72,791
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-643575
Landlocked · Off grid
8.0Apr 22, 2026$38,0004,7534,4397.7 mi
73
IL-725284
Gravel · Power at road
27.6Apr 29, 2025$299,50010,8586,9683.6 mi
71
IL-334396
Dirt · Full utilities
14.5Jan 4, 2025$255,40017,62510,0504.5 mi
71
IL-496151
Paved · Power at road
51.7Aug 10, 2025$996,00019,27211,5902.3 mi
70
IL-634011
Dirt · Off grid
11.0Aug 15, 2025$82,2007,4975,8337.4 mi
69
IL-583531
Paved · Off grid
7.8Dec 23, 2025$90,40011,6676,3526.1 mi
68
IL-673117
Dirt · Off grid
5.7Jan 21, 2026$57,60010,0347,3423.7 mi
67
IL-924092
Gravel · Power at road
11.6Feb 9, 2024$182,20015,6659,5012.4 mi
66
IL-363052
Dirt · Power at road
5.5Jul 27, 2026$76,10013,9168,4519.2 mi
66
IL-713289
Gravel · Off grid
6.5Jul 28, 2025$88,70013,6418,8135.6 mi
64
Show adjustment detail for the top comp
  • Tract size (8 ac → 19.02 ac)-7.8%
  • 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.