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Madison County, IL · Sold

IL-786823

2830 County Road 43

$400,800
$4,766/ac · 84.09 ac
Acreage84.09 ac
Price per acre$4,766/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJul 5, 2026
Coordinates38.9017, -90.0041
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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

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands11.2% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,184 ft away

A long utility run — price in solar/off-grid instead.

Buildable area70.94 of 84.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$342,548
$252,484$432,612 · $4,074/ac on 84.09 ac
Asking vs estimate
+17.0%
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 $400,800
Maximum allowable offer
$195,742
$2,328/ac · +30.0% target margin

You need $205,058 off asking to hit this margin.

All-in cost$212,380
Net resale$315,144
Projected profit$102,764
ROI+48.4%
Annualized+69.2%
Break-even resale$2,745/ac
Profit if resale lands off target
-20%
$39,735
-10%
$71,250
0%
$102,764
+10%
$134,279
+20%
$165,793
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IL-727500
Dirt · Off grid
137.3Jul 27, 2026$506,3003,6873,3038.7 mi
82
IL-485970
Dirt · Off grid
45.3May 4, 2026$316,2006,9754,8879.9 mi
77
IL-627185
Gravel · Full utilities
109.3Jul 27, 2026$552,1005,0512,55714.4 mi
76
IL-357709
Landlocked · Power at road
159.8Jul 27, 2026$411,8002,5782,5848.5 mi
76
IL-165817
Landlocked · Power at road
40.6Jul 27, 2026$252,0006,2134,53810.8 mi
73
IL-156110
Gravel · Power at road
50.2May 14, 2026$368,9007,3533,83710.6 mi
72
IL-587601
Paved · Off grid
147.8Feb 26, 2025$798,1005,4023,8082.9 mi
70
IL-146485
Gravel · Power at road
65.8Jun 11, 2024$676,20010,2716,1293.1 mi
70
IL-375490
Paved · Off grid
32.0Jan 14, 2026$337,80010,5505,1253.3 mi
70
IL-477795
Gravel · Off grid
170.0Sep 7, 2024$820,9004,8284,2496.1 mi
68
Show adjustment detail for the top comp
  • Tract size (137.32 ac → 84.09 ac)+13.0%
  • Access (Dirt → Landlocked)-20.9%

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.