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Madison County, IL · Sold

IL-627185

8676 County Road 300

$607,400
$5,557/ac · 109 ac
Acreage109 ac
Price per acre$5,557/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJul 17, 2026
Coordinates38.7526, -89.8168
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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
44
Moderate risk
Wetlands50.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,290 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area51.92 of 109.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$904,321
$707,024$1,101,618 · $8,273/ac on 109 ac
Asking vs estimate
-32.8%
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 $607,400
Maximum allowable offer
$516,755
$4,727/ac · +30.0% target margin

You need $90,645 off asking to hit this margin.

All-in cost$560,679
Net resale$831,975
Projected profit$271,296
ROI+48.4%
Annualized+69.2%
Break-even resale$5,575/ac
Profit if resale lands off target
-20%
$104,901
-10%
$188,098
0%
$271,296
+10%
$354,493
+20%
$437,691
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-357709
Landlocked · Power at road
159.8Jul 27, 2026$411,8002,5785,1177.7 mi
82
IL-727500
Dirt · Off grid
137.3Jul 27, 2026$506,3003,6876,5395.7 mi
81
IL-156110
Gravel · Power at road
50.2May 14, 2026$368,9007,3537,5989.7 mi
76
IL-786823
Landlocked · Off grid
84.1Jul 27, 2026$390,4004,6429,21214.4 mi
76
IL-587601
Paved · Off grid
147.8Feb 26, 2025$798,1005,4027,54112.2 mi
71
IL-485970
Dirt · Off grid
45.3May 4, 2026$316,2006,9759,6764.7 mi
70
IL-165817
Landlocked · Power at road
40.6Jul 27, 2026$252,0006,2138,9867.7 mi
69
IL-477795
Gravel · Off grid
170.0Sep 7, 2024$820,9004,8288,41311.9 mi
65
IL-477618
Landlocked · Off grid
149.6Aug 15, 2024$526,4003,5198,73310.4 mi
65
IL-146485
Gravel · Power at road
65.8Jun 11, 2024$676,20010,27112,13512.2 mi
64
Show adjustment detail for the top comp
  • Tract size (159.77 ac → 109.31 ac)+10.4%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%

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.