Comparable sales & offer analysis
Parcel IL-549004
Hancock County, IL · 408 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,787,100
Adjusted value
$1,809,361
Value range
$1,562,007–$2,056,715
Comp $/acre
$4,432/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.2% versus the adjusted value.
Offer position
Max allowable offer
$1,033,921
Offer $/acre
$2,533/ac
Projected profit
$542,808
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-299691 | 671.5 | Jul 27, 2026 | $2,660,900 | 3,962 | 4,588 | 81 |
| IL-349873 | 766.2 | Jul 27, 2026 | $2,986,800 | 3,898 | 4,756 | 78 |
| IL-257856 | 177.7 | Feb 13, 2026 | $1,270,800 | 7,150 | 4,028 | 78 |
| IL-619138 | 449.9 | Aug 21, 2024 | $2,276,400 | 5,060 | 5,673 | 77 |
| IL-269295 | 504.1 | Apr 7, 2025 | $1,411,800 | 2,801 | 4,663 | 74 |
| IL-489273 | 496.1 | Jul 20, 2024 | $2,399,200 | 4,836 | 4,762 | 72 |
| IL-229877 | 768.4 | May 1, 2025 | $2,425,400 | 3,156 | 4,053 | 72 |
| IL-297965 | 192.3 | Aug 9, 2025 | $936,200 | 4,868 | 4,208 | 69 |
| IL-847858 | 178.0 | Nov 3, 2023 | $793,500 | 4,458 | 3,897 | 60 |
| IL-327508 | 138.1 | Mar 15, 2024 | $766,900 | 5,553 | 3,259 | 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.