Comparable sales & offer analysis
Parcel IL-512251
Hancock County, IL · 3.06 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,500
Adjusted value
$20,954
Value range
$16,240–$25,668
Comp $/acre
$6,848/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.5% versus the adjusted value.
Offer position
Max allowable offer
$11,974
Offer $/acre
$3,913/ac
Projected profit
$6,286
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-501987 | 2.5 | Apr 2, 2026 | $34,000 | 13,426 | 9,503 | 78 |
| IL-472891 | 4.9 | Oct 30, 2025 | $47,600 | 9,781 | 4,897 | 72 |
| IL-622592 | 3.9 | Mar 30, 2024 | $38,100 | 9,717 | 6,261 | 70 |
| IL-583716 | 8.9 | Aug 19, 2025 | $57,300 | 6,468 | 5,640 | 66 |
| IL-460674 | 1.0 | Aug 10, 2025 | $10,400 | 10,631 | 7,336 | 64 |
| IL-133495 | 7.5 | Aug 7, 2025 | $60,500 | 8,015 | 5,953 | 62 |
| IL-683745 | 9.0 | Sep 22, 2024 | $96,500 | 10,670 | 8,208 | 58 |
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.