511 E US Highway 40, Troy, IL 62294
OFF MARKET
Listed by Randy &Kathy E Malawy, RE/MAX Alliance, (618) 334-4255 . Bought with Zdefault Office

$120,000

Last sold price

    511 E US Highway 40, Troy, IL 62294

    Currently Off Market - Sold Aug 7, 2025 for $120,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    216 Stonebriar Dr, Troy, IL
    0.77
    Lot/Land
    $60,000
    10/17/25
    -
    -
    201 E Clay St, Troy, IL
    0.98
    Lot/Land
    $60,000
    07/06/26
    -
    -
    8811 Lower Marine Rd, Troy, IL
    1.69
    Lot/Land
    $119,900
    07/27/26
    -
    -
    8891 Lower Marine Rd, Troy, IL
    2.06
    Lot/Land
    $119,900
    07/27/26
    -
    -
    2273 Staunton Rd, Troy, IL
    1.57
    Lot/Land
    $240,000
    03/09/26
    -
    -
    9825 Beacon St, Saint Jacob, IL
    3.51
    Lot/Land
    $95,000
    06/15/26
    -
    -
    8153 Lebanon Rd, Troy, IL
    3.85
    Lot/Land
    $170,000
    04/30/26
    -
    -
    Keck Rd, Saint Jacob, IL
    3.81
    Lot/Land
    $141,500
    11/25/25
    -
    -
    8635 Aidan Way, Troy, IL
    4.03
    Lot/Land
    $80,000
    03/17/26
    -
    -
    349 Jo Lee Ln, Glen Carbon, IL
    4.37
    Lot/Land
    $175,000
    06/01/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    Highway 40, Troy, IL 62294
    0.08
    $245,000
    Studio
    -
    -
    Off Market
    607 Buckingham Dr, Troy, IL 62294
    0.14
    $360,000
    4
    3.5
    3,104
    Recently Sold
    711 Cheshire Rd, Troy, IL 62294
    0.18
    $296,500
    3
    2
    2,310
    Off Market
    710 Cheshire Rd, Troy, IL 62294
    0.23
    $385,000
    3
    2.5
    2,948
    Recently Sold
    US Highway 40, Troy, IL 62294
    0.18
    -
    Studio
    -
    -
    Off Market
    1538 Sagaponak Ln, Troy, IL 62294
    0.19
    $565,000
    4
    3
    3,454
    Recently Sold
    529 Avalon Dr, Troy, IL 62294
    0.27
    $333,500
    3
    3
    2,492
    Off Market
    514 Creekside Dr, Troy, IL 62294
    0.28
    $320,000
    3
    3
    2,100
    Recently Sold
    6 Mullford Way, Troy, IL 62294
    0.23
    $495,000
    4
    3.5
    3,046
    Recently Sold
    8383 Mill Hill Ln, Troy, IL 62294
    0.23
    $567,000
    4
    3
    3,100
    Off Market
    1529 Essex Pl, Troy, IL 62294
    0.24
    -
    -
    -
    -
    Off Market

    Local Information

    • Map ViewExplore the area around 511 E US Highway 40.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    3.15 acre lot

    About this House

    This 3.15-acre parcel located along US Highway 40 in Troy, Illinois offers a prime opportunity for residential, mini- farm, or possible future commercial development. Situated just east of the intersection with Troy O’Fallon Road, the property benefits from excellent visibility and accessibility, with high traffic exposure along US 40 and close proximity to I-55/I-70. Its strategic location near schools, shopping, and other amenities in the growing Troy-O’Fallon corridor makes it an ideal opportunity. Whether for personal use, future development, or mini-farm, this versatile piece of land combines convenience, potential, and value in one of Madison County’s most desirable areas. Any intended uses should be researched by buyer & buyer to receive any municipal approvals necessary. A 20' easement is owned. Electric near property.. public water is available- all utilities & information provided is to be verified by buyer. Farm tenant crop rights exist.
    511 E US Highway 40, Troy, IL 62294 is a lot/land. It last sold for $120,000 on Aug 7, 2025 (3% below the $124,000 asking price). This property is not currently displayed as for sale or rent on Trulia.

    Home Details for 511 E US Highway 40

    Active Status

    MLS Status: Closed

    Interior Features

    Gas & Electric
    Electric: Ameren

    Exterior Features

    Farm & Range
    Frontage Length: 452

    Days on Market

    Cumulative Days on Market: 38

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 091221003301089

    Price & Status

    Price
    List Price: $124,000
    Status Change & Dates
    Off Market Date: Thu Aug 07 2025

    Location

    Direction & Address
    City: TroyCommunity: Not In A Subdivision
    School Information
    Elementary School: Triad Dist 2Jr High / Middle School: Triad Dist 2High School: TriadHigh School District: Triad DIST 2

    HOA

    Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

    Lot Information

    Lot Area: 3.15 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 25045186Showing Requirements: Show at Will

    Price and Tax history

    DateEventPrice
    Aug 7, 2025
    Source: MARIS #25045186
    		Sold
    $120,000
    Jul 2, 2025
    Source: MARIS #25045186
    		Contingent
    $124,000
    Jun 30, 2025
    Source: MARIS #25045186
    		Listed For Sale
    $124,000
    Mar 8, 2022
    Source: RE/MAX International
    		ListingRemoved
    Jan 28, 2022
    Source: RE/MAX International #21081421
    		Pending
    $90,000

    Market trends in Troy

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    39
    9    MoM

    Around this home

    What Locals Say about Troy

    At least 73 Trulia users voted on each feature.

    • 95 % Say car is needed

    • 92 % Say parking is easy

    • 89 % Say it's dog friendly

    • 88 % Say people would walk alone at night

    • 84 % Say yards are well-kept

    • 84 % Say there's holiday spirit

    • 78 % Say kids play outside

    • 71 % Say streets are well-lit

    • 70 % Say there are sidewalks

    • 69 % Say it's quiet

    • 58 % Say they plan to stay for at least 5 years

    • 55 % Say neighbors are friendly

    • 46 % Say there's wildlife

    • 35 % Say there are community events

    • 33 % Say it's walkable to restaurants

    • 23 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Kellie
      "It’s about a 15 minute drive from the house. Not too bad at all, really. Most things are no further than 20 minutes. "
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    • Shane C.
      "Perfect distance to everything in our area and only 20 minutes from Busch Stadium. Fully see us raising our children here. "
      0
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    • Ronsoyka
      "Troy has small town charm but is close to interstate for commuting convenience to St Louis area's major highways."
      0
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    • Cheri H.
      "New bus station with large parking lot. Electric plugs for your car. The city has been putting in sidewalks and cross walks. "
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    • Alonna N.
      "small town, alot of cops. bunch of gas stations and banks, fair amount of fast food options, safe area compared to other nearby towns "
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    • Aseljim
      "I’ve learned here for about a year and I love it. It’s a quiet neighborhood and very friendly people all around. I’d recommended the area to younger couples just starting off. There’s a lot of duplexes and apartments available. "
      0
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    • Jamie C.
      "You see people walking their dogs all the time. plus, the yards are bigger. Lots of room for your furry family members to run."
      0
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    • Evasweet24
      "There are many families in the area, and it has a great community park. Neighbors are friendly and always there to help if you need. "
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    • Iilaad65
      "Easy highway access to St Louis. Great park in Troy. Tons of trails to walk, run and bike. 5 to. Minutes to shopping."
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    • Tkwentus
      "People look out for one another. Quiet area the two years I have lived here. Only downside is no grocery store in town. "
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    • Cheri H.
      "I have lived in Troy for24 years and I like it. It's small town living close to St. Louis, MO. The schools are rated good, the park is great and has a big sporting community. we have nice restaurants but just lost our local grocery store. "
      2
      Flag
    • Judy N.
      " Retired, no commute, but when I worked I needed a car to drive to St. Louis or to the park and ride which is 3 miles. There are daily bus pickups from the park and ride."
      0
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    • Lesley A.
      "I love how it feels out of a big city but close enough to go to bigger city to go shopping. People are friendly and a safe place for my children to grow up in. Plus great school district."
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    • Ksfoppe
      "I've lived in this area growing up and it is a great area for new families raising kids. The Triad school system is great. small town with a grocery store, gas stations, fast food but driveable to edwardsville or st. louis"
      1
      Flag
    • Kate W.
      "I've lived here my entire life. Everyone is so nice and it's very safe town to live in. I'll live here my whole life "
      1
      Flag

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    Frequently asked questions about 511 E US Highway 40

    • What is the price history for 511 E US Highway 40?
      511 E US Highway 40 in Troy, IL last sold for $120,000 in August 2025.
    • Is Troy a buyer's or seller's market?
      Troy is currently a seller's market, based on recent for-sale activity.
    • What do residents say about Troy?
      Residents describe Troy, IL as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Troy, IL.
    • What are the closest schools to 511 E US Highway 40?
      The closest schools to 511 E US Highway 40 in Troy, IL are C A Henning School (Pre-K/Elementary, rated 9/10), Triad High School (rated 9/10), Triad Middle School (rated 7/10).

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