Comparable sales & offer analysis
Parcel IL-398653
Cook County, IL · 317 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$617,600
Adjusted value
$886,073
Value range
$722,814–$1,049,332
Comp $/acre
$2,799/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.3% versus the adjusted value.
Offer position
Max allowable offer
$506,328
Offer $/acre
$1,599/ac
Projected profit
$265,822
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| IL-398621 | 309.3 | Aug 8, 2025 | $797,400 | 2,578 | 2,870 | 78 |
| IL-358914 | 382.5 | Feb 8, 2025 | $1,702,100 | 4,450 | 3,487 | 74 |
| IL-897431 | 130.6 | Jul 27, 2026 | $594,900 | 4,554 | 3,069 | 73 |
| IL-598232 | 233.4 | Jan 13, 2025 | $693,100 | 2,970 | 1,798 | 68 |
| IL-609787 | 719.9 | Sep 23, 2024 | $1,587,000 | 2,204 | 2,620 | 63 |
| IL-929965 | 819.0 | Feb 18, 2025 | $1,938,900 | 2,368 | 2,848 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.