Comparable sales & offer analysis
Parcel IL-532487
Henry County, IL · 3.64 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,400
Adjusted value
$34,491
Value range
$27,279–$41,703
Comp $/acre
$9,475/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.4% versus the adjusted value.
Offer position
Max allowable offer
$19,709
Offer $/acre
$5,415/ac
Projected profit
$10,347
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-342633 | 4.0 | Oct 26, 2025 | $43,200 | 10,686 | 8,815 | 85 |
| IL-542683 | 4.2 | Jul 27, 2026 | $44,700 | 10,668 | 7,598 | 83 |
| IL-952908 | 4.9 | May 28, 2024 | $34,800 | 7,066 | 8,917 | 72 |
| IL-191352 | 1.6 | Sep 13, 2025 | $8,800 | 5,525 | 8,117 | 67 |
| IL-251421 | 1.7 | Aug 25, 2025 | $18,800 | 11,178 | 9,073 | 66 |
| IL-533715 | 8.8 | Oct 25, 2024 | $97,300 | 10,990 | 9,841 | 64 |
| IL-243688 | 8.7 | Jun 28, 2025 | $69,500 | 8,004 | 10,003 | 63 |
| IL-893977 | 10.7 | Aug 26, 2024 | $165,500 | 15,468 | 14,845 | 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.
