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Madison County, IL · Sold

IL-763918

7043 County Road 189

$58,100
$5,668/ac · 10.25 ac
Acreage10.25 ac
Price per acre$5,668/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 27, 2025
Coordinates38.8132, -89.9520
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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

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands10.9% of tract

Little to no mapped wetland coverage.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power768 ft away

Power at or near the road.

Buildable area8.68 of 10.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$66,506
$51,403$81,610 · $6,488/ac on 10.25 ac
Asking vs estimate
-12.6%
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 $58,100
Maximum allowable offer
$38,004
$3,708/ac · +30.0% target margin

You need $20,096 off asking to hit this margin.

All-in cost$41,234
Net resale$61,186
Projected profit$19,951
ROI+48.4%
Annualized+69.2%
Break-even resale$4,373/ac
Profit if resale lands off target
-20%
$7,714
-10%
$13,833
0%
$19,951
+10%
$26,070
+20%
$32,189
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-973228
Gravel · Power at road
6.2Jul 27, 2026$73,30011,7886,6024.7 mi
82
IL-743884
Gravel · Off grid
10.0Jun 28, 2025$73,8007,3765,2442.0 mi
81
IL-754425
Dirt · Power at road
14.8Mar 23, 2026$101,0006,8234,8257.2 mi
80
IL-494589
Dirt · Power at road
16.7Dec 1, 2025$208,90012,5339,0934.9 mi
72
IL-623260
Gravel · Power at road
6.4Mar 2, 2026$86,80013,6457,7807.5 mi
72
IL-452430
Gravel · Off grid
3.5Apr 4, 2025$34,1009,7686,6220.5 mi
70
IL-164772
Dirt · Full utilities
19.0May 22, 2025$250,30013,1528,1182.9 mi
68
IL-375490
Paved · Off grid
32.0Jan 14, 2026$337,80010,5507,1533.4 mi
68
IL-363426
Gravel · Full utilities
7.2Nov 13, 2024$64,6008,9984,4627.8 mi
67
IL-534908
Gravel · Off grid
21.0May 20, 2024$132,8006,3255,0766.4 mi
63
Show adjustment detail for the top comp
  • Tract size (6.22 ac → 10.25 ac)-3.3%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%

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.