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Madison County, IL · Sold

IL-165817

4786 County Road 376

$284,800
$7,020/ac · 40.57 ac
Acreage40.57 ac
Price per acre$7,020/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedOct 2, 2025
Coordinates38.8632, -89.8104
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

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
53
Moderate risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope29.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power38 ft away

Power at or near the road.

Buildable area22.71 of 40.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$245,793
$179,415$312,172 · $6,058/ac on 40.57 ac
Asking vs estimate
+15.9%
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 $284,800
Maximum allowable offer
$140,453
$3,462/ac · +30.0% target margin

You need $144,347 off asking to hit this margin.

All-in cost$152,392
Net resale$226,130
Projected profit$73,738
ROI+48.4%
Annualized+69.3%
Break-even resale$4,083/ac
Profit if resale lands off target
-20%
$28,512
-10%
$51,125
0%
$73,738
+10%
$96,351
+20%
$118,964
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-156110
Gravel · Power at road
50.2May 14, 2026$368,9007,3535,2642.0 mi
84
IL-485970
Dirt · Off grid
45.3May 4, 2026$316,2006,9756,7046.7 mi
80
IL-375490
Paved · Off grid
32.0Jan 14, 2026$337,80010,5507,0319.0 mi
74
IL-786823
Landlocked · Off grid
84.1Jul 27, 2026$390,4004,6426,38310.8 mi
73
IL-494589
Dirt · Power at road
16.7Dec 1, 2025$208,90012,5338,9385.1 mi
73
IL-754425
Dirt · Power at road
14.8Mar 23, 2026$101,0006,8234,7421.4 mi
72
IL-627185
Gravel · Full utilities
109.3Jul 27, 2026$552,1005,0513,5077.7 mi
69
IL-727500
Dirt · Off grid
137.3Jul 27, 2026$506,3003,6874,5316.0 mi
68
IL-146485
Gravel · Power at road
65.8Jun 11, 2024$676,20010,2718,4087.7 mi
65
IL-534908
Gravel · Off grid
21.0May 20, 2024$132,8006,3254,9909.7 mi
64
Show adjustment detail for the top comp
  • Tract size (50.17 ac → 40.57 ac)+4.2%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (3 mo)+1.1%

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.