Comparable sales & offer analysis
Parcel IL-489273
Hancock County, IL · 496 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,767,300
Adjusted value
$2,474,843
Value range
$2,193,346–$2,756,340
Comp $/acre
$4,989/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.8% versus the adjusted value.
Offer position
Max allowable offer
$1,414,196
Offer $/acre
$2,851/ac
Projected profit
$742,453
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-549004 | 408.3 | Jul 27, 2026 | $1,751,400 | 4,290 | 4,798 | 83 |
| IL-349873 | 766.2 | Jul 27, 2026 | $2,986,800 | 3,898 | 5,277 | 81 |
| IL-299691 | 671.5 | Jul 27, 2026 | $2,660,900 | 3,962 | 5,091 | 80 |
| IL-619138 | 449.9 | Aug 21, 2024 | $2,276,400 | 5,060 | 6,295 | 76 |
| IL-229877 | 768.4 | May 1, 2025 | $2,425,400 | 3,156 | 4,498 | 76 |
| IL-269295 | 504.1 | Apr 7, 2025 | $1,411,800 | 2,801 | 5,174 | 74 |
| IL-257856 | 177.7 | Feb 13, 2026 | $1,270,800 | 7,150 | 4,469 | 67 |
| IL-297965 | 192.3 | Aug 9, 2025 | $936,200 | 4,868 | 4,669 | 62 |
| IL-847858 | 178.0 | Nov 3, 2023 | $793,500 | 4,458 | 4,324 | 56 |
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.