Comparable sales & offer analysis
Parcel IL-705062
Iroquois County, IL · 23.48 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$103,800
Adjusted value
$141,198
Value range
$121,080–$161,315
Comp $/acre
$6,014/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.5% versus the adjusted value.
Offer position
Max allowable offer
$80,684
Offer $/acre
$3,436/ac
Projected profit
$42,359
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 | 4,667 | 84 |
| IL-774635 | 17.2 | Sep 8, 2025 | $91,400 | 5,307 | 6,625 | 75 |
| IL-844445 | 15.0 | Oct 1, 2024 | $66,900 | 4,456 | 5,686 | 68 |
| IL-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 6,745 | 67 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 6,774 | 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.