Comparable sales & offer analysis
Parcel IL-157204
Iroquois County, IL · 111 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$513,600
Adjusted value
$530,668
Value range
$398,204–$663,133
Comp $/acre
$4,789/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.2% versus the adjusted value.
Offer position
Max allowable offer
$303,239
Offer $/acre
$2,736/ac
Projected profit
$159,201
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-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 5,033 | 68 |
| IL-859473 | 573.4 | Jul 27, 2026 | $1,051,300 | 1,833 | 2,943 | 67 |
| IL-505591 | 34.5 | Jun 29, 2026 | $129,500 | 3,760 | 3,483 | 66 |
| IL-177858 | 178.0 | Sep 20, 2024 | $803,100 | 4,512 | 5,614 | 65 |
| IL-858738 | 336.7 | May 9, 2024 | $1,411,700 | 4,193 | 6,270 | 61 |
| IL-528986 | 403.0 | Feb 8, 2025 | $1,533,800 | 3,806 | 5,830 | 60 |
| IL-159389 | 539.6 | Jun 10, 2025 | $1,575,600 | 2,920 | 5,669 | 59 |
| IL-705062 | 23.5 | Jun 7, 2025 | $106,900 | 4,553 | 3,567 | 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.