Comparable sales & offer analysis
Parcel IL-472891
Hancock County, IL · 4.87 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,000
Adjusted value
$68,391
Value range
$54,482–$82,300
Comp $/acre
$14,043/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.4% versus the adjusted value.
Offer position
Max allowable offer
$39,081
Offer $/acre
$8,025/ac
Projected profit
$20,517
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 | 12,582 | 78 |
| IL-622592 | 3.9 | Mar 30, 2024 | $38,100 | 9,717 | 12,991 | 73 |
| IL-133495 | 7.5 | Aug 7, 2025 | $60,500 | 8,015 | 12,353 | 72 |
| IL-501987 | 2.5 | Apr 2, 2026 | $34,000 | 13,426 | 19,719 | 71 |
| IL-583716 | 8.9 | Aug 19, 2025 | $57,300 | 6,468 | 11,704 | 64 |
| IL-683745 | 9.0 | Sep 22, 2024 | $96,500 | 10,670 | 17,033 | 59 |
| IL-774260 | 13.1 | Feb 12, 2025 | $82,300 | 6,271 | 11,974 | 57 |
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.