Comparable sales & offer analysis
Parcel IL-968491
Henry County, IL · 282 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,462,600
Adjusted value
$1,278,267
Value range
$988,920–$1,567,614
Comp $/acre
$4,540/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.4% versus the adjusted value.
Offer position
Max allowable offer
$730,438
Offer $/acre
$2,595/ac
Projected profit
$383,480
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-598157 | 221.0 | Mar 7, 2025 | $2,456,900 | 11,116 | 6,132 | 78 |
| IL-139336 | 519.3 | Jan 19, 2026 | $1,344,200 | 2,589 | 2,957 | 74 |
| IL-609924 | 795.0 | Jul 27, 2026 | $3,452,800 | 4,343 | 3,853 | 73 |
| IL-716908 | 89.4 | Nov 19, 2025 | $564,400 | 6,311 | 4,788 | 67 |
| IL-277058 | 99.7 | Jan 12, 2026 | $891,900 | 8,946 | 3,860 | 65 |
| IL-909611 | 633.7 | Jan 3, 2025 | $2,640,700 | 4,167 | 5,273 | 61 |
| IL-656826 | 84.3 | Apr 13, 2024 | $823,700 | 9,774 | 5,048 | 54 |
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.
