Comparable sales & offer analysis
Parcel IL-398621
Cook County, IL · 309 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$845,600
Adjusted value
$751,722
Value range
$564,047–$939,397
Comp $/acre
$2,430/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.5% versus the adjusted value.
Offer position
Max allowable offer
$429,555
Offer $/acre
$1,389/ac
Projected profit
$225,517
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 | 1,685 | 84 |
| IL-897431 | 130.6 | Jul 27, 2026 | $594,900 | 4,554 | 2,890 | 75 |
| IL-358914 | 382.5 | Feb 8, 2025 | $1,702,100 | 4,450 | 3,283 | 74 |
| IL-598232 | 233.4 | Jan 13, 2025 | $693,100 | 2,970 | 1,692 | 73 |
| IL-929965 | 819.0 | Feb 18, 2025 | $1,938,900 | 2,368 | 2,681 | 68 |
| IL-609787 | 719.9 | Sep 23, 2024 | $1,587,000 | 2,204 | 2,467 | 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.