Comparable sales & offer analysis
Parcel IL-501987
Hancock County, IL · 2.53 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,600
Adjusted value
$24,266
Value range
$19,688–$28,845
Comp $/acre
$9,591/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +59.1% versus the adjusted value.
Offer position
Max allowable offer
$13,867
Offer $/acre
$5,481/ac
Projected profit
$7,280
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-512251 | 3.1 | Jul 27, 2026 | $18,400 | 6,016 | 8,699 | 82 |
| IL-472891 | 4.9 | Oct 30, 2025 | $47,600 | 9,781 | 7,027 | 69 |
| IL-133495 | 7.5 | Aug 7, 2025 | $60,500 | 8,015 | 8,543 | 69 |
| IL-622592 | 3.9 | Mar 30, 2024 | $38,100 | 9,717 | 8,987 | 67 |
| IL-460674 | 1.0 | Aug 10, 2025 | $10,400 | 10,631 | 10,527 | 61 |
| IL-830424 | 0.8 | Feb 24, 2025 | $11,100 | 13,585 | 11,727 | 60 |
| IL-270399 | 0.8 | May 10, 2024 | $9,800 | 12,198 | 12,813 | 55 |
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.