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Madison County, IL · Sold

IL-357709

4740 County Road 65

$495,000
$3,098/ac · 160 ac
Acreage160 ac
Price per acre$3,098/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedDec 23, 2025
Coordinates38.7849, -89.9542
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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

Madison County, Illinois. Class A row-crop ground; farmland yields anchor pricing.

View Madison market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands24.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power123 ft away

Power at or near the road.

Buildable area114.75 of 159.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$669,069
$508,987$829,151 · $4,188/ac on 160 ac
Asking vs estimate
-26.0%
Priced below the comp set

Weighted from 9 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 $495,000
Maximum allowable offer
$382,325
$2,393/ac · +30.0% target margin

You need $112,675 off asking to hit this margin.

All-in cost$414,823
Net resale$615,543
Projected profit$200,721
ROI+48.4%
Annualized+69.2%
Break-even resale$2,822/ac
Profit if resale lands off target
-20%
$77,612
-10%
$139,167
0%
$200,721
+10%
$262,275
+20%
$323,830
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-727500
Dirt · Off grid
137.3Jul 27, 2026$506,3003,6873,3023.6 mi
84
IL-627185
Gravel · Full utilities
109.3Jul 27, 2026$552,1005,0512,5567.7 mi
82
IL-587601
Paved · Off grid
147.8Feb 26, 2025$798,1005,4023,8075.7 mi
79
IL-477618
Landlocked · Off grid
149.6Aug 15, 2024$526,4003,5194,4092.8 mi
77
IL-786823
Landlocked · Off grid
84.1Jul 27, 2026$390,4004,6424,6518.5 mi
76
IL-156110
Gravel · Power at road
50.2May 14, 2026$368,9007,3533,83610.9 mi
70
IL-477795
Gravel · Off grid
170.0Sep 7, 2024$820,9004,8284,2489.5 mi
70
IL-528416
Paved · Full utilities
266.6Mar 30, 2025$2,539,1009,5225,4902.4 mi
69
IL-146485
Gravel · Power at road
65.8Jun 11, 2024$676,20010,2716,1277.8 mi
60
Show adjustment detail for the top comp
  • Tract size (137.32 ac → 159.77 ac)-3.9%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.