Comparable sales & offer analysis
Parcel IL-229877
Hancock County, IL · 768 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,558,400
Adjusted value
$3,029,600
Value range
$2,771,554–$3,287,646
Comp $/acre
$3,943/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.6% versus the adjusted value.
Offer position
Max allowable offer
$1,731,200
Offer $/acre
$2,253/ac
Projected profit
$908,880
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-349873 | 766.2 | Jul 27, 2026 | $2,986,800 | 3,898 | 3,925 | 89 |
| IL-299691 | 671.5 | Jul 27, 2026 | $2,660,900 | 3,962 | 3,787 | 84 |
| IL-549004 | 408.3 | Jul 27, 2026 | $1,751,400 | 4,290 | 3,568 | 80 |
| IL-489273 | 496.1 | Jul 20, 2024 | $2,399,200 | 4,836 | 3,931 | 73 |
| IL-619138 | 449.9 | Aug 21, 2024 | $2,276,400 | 5,060 | 4,682 | 70 |
| IL-269295 | 504.1 | Apr 7, 2025 | $1,411,800 | 2,801 | 3,848 | 68 |
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.