Comparable sales & offer analysis
Parcel IL-858738
Iroquois County, IL · 337 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,361,300
Adjusted value
$1,228,336
Value range
$948,926–$1,507,747
Comp $/acre
$3,648/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
$701,906
Offer $/acre
$2,085/ac
Projected profit
$368,501
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 | 2,167 | 81 |
| IL-528986 | 403.0 | Feb 8, 2025 | $1,533,800 | 3,806 | 4,292 | 75 |
| IL-159389 | 539.6 | Jun 10, 2025 | $1,575,600 | 2,920 | 4,174 | 69 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 3,721 | 65 |
| IL-177858 | 178.0 | Sep 20, 2024 | $803,100 | 4,512 | 4,133 | 65 |
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.