Comparable sales & offer analysis
Parcel IL-844445
Iroquois County, IL · 15.02 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$66,800
Adjusted value
$75,320
Value range
$62,896–$87,744
Comp $/acre
$5,015/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.3% versus the adjusted value.
Offer position
Max allowable offer
$43,040
Offer $/acre
$2,866/ac
Projected profit
$22,596
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 | 5,631 | 85 |
| IL-705062 | 23.5 | Jun 7, 2025 | $106,900 | 4,553 | 4,063 | 70 |
| IL-505591 | 34.5 | Jun 29, 2026 | $129,500 | 3,760 | 3,967 | 68 |
| IL-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 5,732 | 60 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 5,757 | 57 |
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.