Comparable sales & offer analysis
Parcel IL-897431
Cook County, IL · 131 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$698,200
Adjusted value
$496,172
Value range
$384,514–$607,830
Comp $/acre
$3,798/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +40.7% versus the adjusted value.
Offer position
Max allowable offer
$283,527
Offer $/acre
$2,170/ac
Projected profit
$148,852
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-398653 | 316.6 | Jul 27, 2026 | $565,100 | 1,785 | 2,675 | 72 |
| IL-398621 | 309.3 | Aug 8, 2025 | $797,400 | 2,578 | 4,292 | 68 |
| IL-598232 | 233.4 | Jan 13, 2025 | $693,100 | 2,970 | 2,687 | 64 |
| IL-495630 | 35.4 | Sep 8, 2025 | $203,200 | 5,735 | 3,810 | 61 |
| IL-358914 | 382.5 | Feb 8, 2025 | $1,702,100 | 4,450 | 5,213 | 58 |
| IL-125137 | 24.8 | Dec 27, 2024 | $165,000 | 6,655 | 4,307 | 57 |
| IL-609787 | 719.9 | Sep 23, 2024 | $1,587,000 | 2,204 | 3,917 | 55 |
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.