Comparable sales & offer analysis
Parcel IL-396401
Hancock County, IL · 61.94 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$460,300
Adjusted value
$508,625
Value range
$394,600–$622,649
Comp $/acre
$8,212/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.5% versus the adjusted value.
Offer position
Max allowable offer
$290,643
Offer $/acre
$4,692/ac
Projected profit
$152,587
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-706061 | 48.4 | Jan 20, 2026 | $290,400 | 5,998 | 7,983 | 78 |
| IL-435701 | 37.3 | Aug 18, 2025 | $632,400 | 16,954 | 13,101 | 75 |
| IL-336793 | 82.3 | Aug 15, 2025 | $575,900 | 7,000 | 7,411 | 71 |
| IL-824968 | 21.9 | Jul 27, 2026 | $145,000 | 6,609 | 6,650 | 70 |
| IL-257856 | 177.7 | Feb 13, 2026 | $1,270,800 | 7,150 | 7,768 | 67 |
| IL-464680 | 17.8 | Mar 18, 2025 | $123,800 | 6,957 | 8,177 | 65 |
| IL-297965 | 192.3 | Aug 9, 2025 | $936,200 | 4,868 | 8,116 | 64 |
| IL-885050 | 23.3 | Jan 11, 2026 | $322,900 | 13,871 | 8,293 | 63 |
| IL-327508 | 138.1 | Mar 15, 2024 | $766,900 | 5,553 | 6,288 | 57 |
| IL-847858 | 178.0 | Nov 3, 2023 | $793,500 | 4,458 | 7,519 | 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.