Comparable sales & offer analysis
Parcel IL-240730
Henry County, IL · 1.02 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$14,400
Adjusted value
$11,560
Value range
$9,274–$13,847
Comp $/acre
$11,334/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.6% versus the adjusted value.
Offer position
Max allowable offer
$6,606
Offer $/acre
$6,476/ac
Projected profit
$3,468
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-191352 | 1.6 | Sep 13, 2025 | $8,800 | 5,525 | 9,988 | 77 |
| IL-251421 | 1.7 | Aug 25, 2025 | $18,800 | 11,178 | 11,165 | 69 |
| IL-542683 | 4.2 | Jul 27, 2026 | $44,700 | 10,668 | 9,347 | 68 |
| IL-342633 | 4.0 | Oct 26, 2025 | $43,200 | 10,686 | 10,847 | 60 |
| IL-532487 | 3.6 | Sep 8, 2025 | $46,400 | 12,735 | 16,374 | 59 |
| IL-952908 | 4.9 | May 28, 2024 | $34,800 | 7,066 | 10,976 | 52 |
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.