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    Gray Rd Ashland, IL 62612

    For Sale
    $59,000

    Farm - Ashland, IL

    Type:Farm
    Lot size:
    8.17 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 12 at 9:06 am

    Property Features for Gray Rd

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    Other
    APN
    04-24-200-015
    Exterior features
    Level
    Lot size
    8.17 Acres

    Building Details

    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Clayton Yates (217) 787-7000 License #475160796

    Listing date Aug 25, 2025

    MLS# CA1034729 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ashland, IL Farm Land

    The property consists of 8.17 acres of land. It is located in Ashland, Illinois, in Morgan County. The property is intended for farm use only, due to a driveway easement.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Ashland
    County
    Cass
    State
    Illinois
    Longitude
    -90.05342494
    Latitude
    39.89025049

    Nearby Similar for Sale

    • $90,000
      3,544 SF

      Income-Producing Commercial Building in Ashland

      Commercial building with restaurant space and two apartments for sale.
      200 W Editor St, Ashland, IL 62612
      View Details

    FAQs

    What type of property is this?
    Farm - 8.17 acres of land for farm use.
    Where is this farm located?
    The property is located at Gray Rd Ashland, IL.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: - 8.17 acres of land; - Farm use property; - Level land
    (217) 787-7000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Gray Rd Ashland, IL 62612
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