Comparable sales & offer analysis
Parcel IL-297965
Hancock County, IL · 192 ac · Unzoned · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,027,700
Adjusted value
$976,626
Value range
$823,682–$1,129,570
Comp $/acre
$5,078/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.2% versus the adjusted value.
Offer position
Max allowable offer
$558,072
Offer $/acre
$2,902/ac
Projected profit
$292,988
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-257856 | 177.7 | Feb 13, 2026 | $1,270,800 | 7,150 | 4,858 | 86 |
| IL-549004 | 408.3 | Jul 27, 2026 | $1,751,400 | 4,290 | 5,214 | 77 |
| IL-396401 | 61.9 | Jul 27, 2026 | $399,100 | 6,443 | 4,038 | 71 |
| IL-299691 | 671.5 | Jul 27, 2026 | $2,660,900 | 3,962 | 5,533 | 69 |
| IL-847858 | 178.0 | Nov 3, 2023 | $793,500 | 4,458 | 4,702 | 69 |
| IL-336793 | 82.3 | Aug 15, 2025 | $575,900 | 7,000 | 4,635 | 66 |
| IL-269295 | 504.1 | Apr 7, 2025 | $1,411,800 | 2,801 | 5,625 | 66 |
| IL-327508 | 138.1 | Mar 15, 2024 | $766,900 | 5,553 | 3,933 | 63 |
| IL-619138 | 449.9 | Aug 21, 2024 | $2,276,400 | 5,060 | 6,844 | 59 |
| IL-489273 | 496.1 | Jul 20, 2024 | $2,399,200 | 4,836 | 5,746 | 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.