Comparable sales & offer analysis
Parcel IL-702989
Cook County, IL · 5.23 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$46,700
Adjusted value
$37,914
Value range
$30,847–$44,981
Comp $/acre
$7,249/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.2% versus the adjusted value.
Offer position
Max allowable offer
$21,665
Offer $/acre
$4,142/ac
Projected profit
$11,374
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-392670 | 4.2 | Jul 27, 2026 | $16,200 | 3,911 | 5,706 | 90 |
| IL-801709 | 2.1 | Jul 27, 2026 | $10,000 | 4,852 | 5,486 | 74 |
| IL-392200 | 3.0 | Feb 14, 2026 | $26,200 | 8,889 | 8,856 | 72 |
| IL-452273 | 3.1 | Aug 27, 2025 | $14,500 | 4,664 | 8,232 | 69 |
| IL-413650 | 8.4 | Jul 22, 2025 | $83,200 | 9,853 | 7,353 | 68 |
| IL-753766 | 9.2 | Aug 18, 2025 | $64,800 | 7,057 | 7,582 | 67 |
| IL-923866 | 9.9 | Mar 7, 2024 | $76,000 | 7,695 | 8,828 | 67 |
| IL-232028 | 2.6 | Nov 24, 2024 | $24,300 | 9,312 | 8,257 | 66 |
| IL-251614 | 1.9 | Aug 23, 2024 | $8,400 | 4,337 | 5,356 | 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.