IL-587601
5615 County Road 391
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Madison County, Illinois. Class A row-crop ground; farmland yields anchor pricing.
View Madison market data →Step 1 · Is this a deal?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
1,340 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $400,832 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IL-357709 Landlocked · Power at road | 159.8 | Jul 27, 2026 | $411,800 | 2,578 | 3,891 | 5.7 mi | 89 |
| IL-727500 Dirt · Off grid | 137.3 | Jul 27, 2026 | $506,300 | 3,687 | 4,973 | 6.5 mi | 86 |
| IL-627185 Gravel · Full utilities | 109.3 | Jul 27, 2026 | $552,100 | 5,051 | 3,850 | 12.2 mi | 81 |
| IL-786823 Landlocked · Off grid | 84.1 | Jul 27, 2026 | $390,400 | 4,642 | 7,006 | 2.9 mi | 80 |
| IL-477618 Landlocked · Off grid | 149.6 | Aug 15, 2024 | $526,400 | 3,519 | 6,641 | 3.5 mi | 77 |
| IL-477795 Gravel · Off grid | 170.0 | Sep 7, 2024 | $820,900 | 4,828 | 6,398 | 6.7 mi | 72 |
| IL-528416 Paved · Full utilities | 266.6 | Mar 30, 2025 | $2,539,100 | 9,522 | 8,269 | 3.9 mi | 70 |
| IL-156110 Gravel · Power at road | 50.2 | May 14, 2026 | $368,900 | 7,353 | 5,778 | 10.4 mi | 69 |
| IL-485970 Dirt · Off grid | 45.3 | May 4, 2026 | $316,200 | 6,975 | 7,358 | 7.6 mi | 68 |
| IL-146485 Gravel · Power at road | 65.8 | Jun 11, 2024 | $676,200 | 10,271 | 9,228 | 3.7 mi | 61 |
Show adjustment detail for the top comp
- Tract size (159.77 ac → 147.75 ac)+2.1%
- Access (Landlocked → Paved)+73.5%
- Utilities (Power at road → Off grid)-15.0%
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.