Madison County, IL · Sold

IL-499798

5059 County Road 43

$2,336,300

$3,220/ac · 726 ac

Offer report Market this tract

Acreage726 ac

Price per acre$3,220/ac

ZoningAgricultural

Road accessDirt

UtilitiesFull utilities

TopographySloped

ListedFeb 25, 2026

Coordinates38.8886, -89.8513

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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

Low risk

Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope29.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,949 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area406.22 of 725.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,848,986

$2,318,717 – $3,379,256 · $3,926/ac on 726 ac

Asking vs estimate

-18.0%

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 $2,336,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,627,992

$2,243/ac · +30.0% target margin

You need $708,308 off asking to hit this margin.

All-in cost$1,766,371

Net resale$2,621,068

Projected profit$854,696

ROI+48.4%

Annualized+69.2%

Break-even resale$2,646/ac

Profit if resale lands off target

-20%

$330,483

-10%

$592,589

$854,696

+10%

$1,116,803

+20%

$1,378,910

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IL-809664 Gravel · Power at road	658.5	May 19, 2026	$2,687,600	4,081	4,199	0.1 mi	86
IL-429441 Landlocked · Power at road	560.3	Feb 16, 2026	$1,545,300	2,758	4,014	5.0 mi	77
IL-289877 Landlocked · Power at road	768.4	Jan 24, 2025	$1,670,200	2,174	3,637	1.8 mi	77
IL-727500 Dirt · Off grid	137.3	Jul 27, 2026	$506,300	3,687	3,274	6.1 mi	72
IL-357709 Landlocked · Power at road	159.8	Jul 27, 2026	$411,800	2,578	2,562	9.1 mi	64
IL-528416 Paved · Full utilities	266.6	Mar 30, 2025	$2,539,100	9,522	5,443	7.0 mi	62
IL-477795 Gravel · Off grid	170.0	Sep 7, 2024	$820,900	4,828	4,212	2.8 mi	61
IL-587601 Paved · Off grid	147.8	Feb 26, 2025	$798,100	5,402	3,775	8.0 mi	54
IL-477618 Landlocked · Off grid	149.6	Aug 15, 2024	$526,400	3,519	4,372	9.5 mi	51

Show adjustment detail for the top comp

Tract size (658.52 ac → 725.65 ac)-2.9%
Access (Gravel → Dirt)-14.0%
Utilities (Power at road → Full utilities)+22.0%
Market time (3 mo)+1.0%

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.

Build the listing kit Post a deal or JV