Comparable sales & offer analysis
Parcel IL-177858
Iroquois County, IL · 178 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$817,800
Adjusted value
$789,484
Value range
$617,945–$961,023
Comp $/acre
$4,436/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.6% versus the adjusted value.
Offer position
Max allowable offer
$451,134
Offer $/acre
$2,535/ac
Projected profit
$236,845
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-859473 | 573.4 | Jul 27, 2026 | $1,051,300 | 1,833 | 2,568 | 70 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 4,409 | 68 |
| IL-858738 | 336.7 | May 9, 2024 | $1,411,700 | 4,193 | 5,470 | 64 |
| IL-159389 | 539.6 | Jun 10, 2025 | $1,575,600 | 2,920 | 4,946 | 63 |
| IL-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 4,391 | 59 |
| IL-528986 | 403.0 | Feb 8, 2025 | $1,533,800 | 3,806 | 5,086 | 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.