Comparable sales & offer analysis
Parcel IL-496427
Henry County, IL · 63.12 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$631,600
Adjusted value
$511,577
Value range
$452,906–$570,247
Comp $/acre
$8,105/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.5% versus the adjusted value.
Offer position
Max allowable offer
$292,329
Offer $/acre
$4,631/ac
Projected profit
$153,473
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-316529 | 68.0 | Jul 18, 2025 | $547,400 | 8,054 | 8,602 | 82 |
| IL-875879 | 42.4 | Jul 27, 2026 | $317,800 | 7,489 | 6,965 | 82 |
| IL-425693 | 37.1 | Jul 27, 2026 | $299,200 | 8,067 | 7,235 | 78 |
| IL-277058 | 99.7 | Jan 12, 2026 | $891,900 | 8,946 | 7,140 | 76 |
| IL-635624 | 35.3 | Jul 27, 2026 | $498,700 | 14,135 | 7,507 | 73 |
| IL-756433 | 63.4 | Aug 23, 2024 | $694,600 | 10,956 | 9,673 | 73 |
| IL-716908 | 89.4 | Nov 19, 2025 | $564,400 | 6,311 | 8,855 | 72 |
| IL-556244 | 55.3 | Apr 17, 2025 | $405,900 | 7,343 | 7,490 | 72 |
| IL-816279 | 56.7 | Mar 16, 2024 | $305,400 | 5,386 | 8,571 | 71 |
| IL-656826 | 84.3 | Apr 13, 2024 | $823,700 | 9,774 | 9,333 | 66 |
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.