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Madison County, IL · Sold

IL-451240

1222 County Road 82

$20,400
$13,878/ac · 1.47 ac
Acreage1.47 ac
Price per acre$13,878/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedOct 17, 2023
Coordinates38.7533, -89.8570
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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope31.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

96 ft of deeded road frontage.

Power247 ft away

Power at or near the road.

Buildable area0.86 of 1.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,075
$13,825$18,324 · $10,935/ac on 1.47 ac
Asking vs estimate
+26.9%
Priced above the comp set

Weighted from 7 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 $20,400
Maximum allowable offer
$9,186
$6,249/ac · +30.0% target margin

You need $11,214 off asking to hit this margin.

All-in cost$9,967
Net resale$14,789
Projected profit$4,822
ROI+48.4%
Annualized+69.2%
Break-even resale$7,370/ac
Profit if resale lands off target
-20%
$1,864
-10%
$3,343
0%
$4,822
+10%
$6,301
+20%
$7,780
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-391017
Dirt · Off grid
1.3Nov 1, 2025$12,60010,09012,2360.2 mi
87
IL-131480
Gravel · Off grid
1.8Oct 7, 2025$19,20010,96511,52510.9 mi
72
IL-623260
Gravel · Power at road
6.4Mar 2, 2026$86,80013,64512,5251.1 mi
72
IL-973228
Gravel · Power at road
6.2Jul 27, 2026$73,30011,78810,62710.4 mi
66
IL-921810
Gravel · Off grid
2.2Oct 9, 2024$20,9009,37710,3037.7 mi
65
IL-452430
Gravel · Off grid
3.5Apr 4, 2025$34,1009,76810,6606.7 mi
62
IL-363426
Gravel · Full utilities
7.2Nov 13, 2024$64,6008,9987,18410.8 mi
51
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (9 mo)+3.3%

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.