Comparable sales & offer analysis
Parcel IL-844445
Iroquois County, IL · 15.02 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$66,800
Adjusted value
$74,898
Value range
$62,531–$87,264
Comp $/acre
$4,987/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.8% versus the adjusted value.
Offer position
Max allowable offer
$42,799
Offer $/acre
$2,849/ac
Projected profit
$22,469
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-774635 | 17.2 | Sep 8, 2025 | $91,400 | 5,307 | 5,601 | 85 |
| IL-705062 | 23.5 | Jun 7, 2025 | $106,900 | 4,553 | 4,042 | 70 |
| IL-505591 | 34.5 | Jun 29, 2026 | $129,500 | 3,760 | 3,945 | 70 |
| IL-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 5,702 | 61 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 5,726 | 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.