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Madison County, IL · Sold

IL-164772

7167 County Road 294

$257,500
$13,531/ac · 19.03 ac
Acreage19.03 ac
Price per acre$13,531/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedNov 1, 2024
Coordinates38.7729, -89.9638
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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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

709 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area15.95 of 19.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$208,719
$165,625$251,813 · $10,968/ac on 19.03 ac
Asking vs estimate
+23.4%
Priced above 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 $257,500
Maximum allowable offer
$119,268
$6,267/ac · +30.0% target margin

You need $138,232 off asking to hit this margin.

All-in cost$129,406
Net resale$192,022
Projected profit$62,616
ROI+48.4%
Annualized+69.2%
Break-even resale$7,391/ac
Profit if resale lands off target
-20%
$24,211
-10%
$43,414
0%
$62,616
+10%
$81,818
+20%
$101,020
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-494589
Dirt · Power at road
16.7Dec 1, 2025$208,90012,53315,4967.6 mi
79
IL-754425
Dirt · Power at road
14.8Mar 23, 2026$101,0006,8238,2229.0 mi
78
IL-375490
Paved · Off grid
32.0Jan 14, 2026$337,80010,55012,1906.0 mi
76
IL-485970
Dirt · Off grid
45.3May 4, 2026$316,2006,97511,6234.1 mi
74
IL-165817
Landlocked · Power at road
40.6Jul 27, 2026$252,0006,21310,79410.3 mi
71
IL-763918
Landlocked · Off grid
10.3Oct 15, 2025$51,1004,9888,7982.9 mi
70
IL-623260
Gravel · Power at road
6.4Mar 2, 2026$86,80013,64513,2597.0 mi
70
IL-534908
Gravel · Off grid
21.0May 20, 2024$132,8006,3258,6509.0 mi
69
IL-973228
Gravel · Power at road
6.2Jul 27, 2026$73,30011,78811,2507.5 mi
68
IL-743884
Gravel · Off grid
10.0Jun 28, 2025$73,8007,3768,9374.8 mi
68
Show adjustment detail for the top comp
  • Tract size (16.67 ac → 19.03 ac)-1.6%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (8 mo)+3.0%

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.