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Madison County, IL · Sold

IL-528416

2597 County Road 135

$3,070,200
$11,514/ac · 267 ac
Acreage267 ac
Price per acre$11,514/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedAug 6, 2024
Coordinates38.8196, -89.9470
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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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,690 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area236.84 of 266.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,783,948
$1,420,108$2,147,788 · $6,690/ac on 267 ac
Asking vs estimate
+72.1%
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 $3,070,200
Maximum allowable offer
$1,019,399
$3,823/ac · +30.0% target margin

You need $2,050,801 off asking to hit this margin.

All-in cost$1,106,048
Net resale$1,641,232
Projected profit$535,184
ROI+48.4%
Annualized+69.2%
Break-even resale$4,509/ac
Profit if resale lands off target
-20%
$206,938
-10%
$371,061
0%
$535,184
+10%
$699,308
+20%
$863,431
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-357709
Landlocked · Power at road
159.8Jul 27, 2026$411,8002,5784,7412.4 mi
79
IL-727500
Dirt · Off grid
137.3Jul 27, 2026$506,3003,6876,0592.9 mi
76
IL-627185
Gravel · Full utilities
109.3Jul 27, 2026$552,1005,0514,6908.4 mi
72
IL-429441
Landlocked · Power at road
560.3Feb 16, 2026$1,545,3002,7587,4282.7 mi
71
IL-587601
Paved · Off grid
147.8Feb 26, 2025$798,1005,4026,9863.9 mi
70
IL-786823
Landlocked · Off grid
84.1Jul 27, 2026$390,4004,6428,5356.5 mi
69
IL-809664
Gravel · Power at road
658.5May 19, 2026$2,687,6004,0817,7706.9 mi
69
IL-499798
Dirt · Full utilities
725.6Mar 17, 2026$2,053,6002,8305,3297.0 mi
68
IL-477618
Landlocked · Off grid
149.6Aug 15, 2024$526,4003,5198,0912.7 mi
66
IL-477795
Gravel · Off grid
170.0Sep 7, 2024$820,9004,8287,7957.2 mi
65
Show adjustment detail for the top comp
  • Tract size (159.77 ac → 266.64 ac)-13.3%
  • Access (Landlocked → Paved)+73.5%
  • 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.