Comparable sales & offer analysis
Parcel IL-716411
Iroquois County, IL · 62.39 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$400,600
Adjusted value
$404,361
Value range
$321,536–$487,186
Comp $/acre
$6,481/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.9% versus the adjusted value.
Offer position
Max allowable offer
$231,063
Offer $/acre
$3,704/ac
Projected profit
$121,308
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-505591 | 34.5 | Jun 29, 2026 | $129,500 | 3,760 | 4,863 | 76 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 7,057 | 66 |
| IL-705062 | 23.5 | Jun 7, 2025 | $106,900 | 4,553 | 4,981 | 65 |
| IL-774635 | 17.2 | Sep 8, 2025 | $91,400 | 5,307 | 6,902 | 61 |
| IL-844445 | 15.0 | Oct 1, 2024 | $66,900 | 4,456 | 5,923 | 56 |
| IL-177858 | 178.0 | Sep 20, 2024 | $803,100 | 4,512 | 7,838 | 55 |
| IL-858738 | 336.7 | May 9, 2024 | $1,411,700 | 4,193 | 8,754 | 50 |
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.