Comparable sales & offer analysis
Parcel IL-159389
Iroquois County, IL · 540 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,560,000
Adjusted value
$1,468,236
Value range
$1,097,830–$1,838,642
Comp $/acre
$2,721/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.2% versus the adjusted value.
Offer position
Max allowable offer
$838,992
Offer $/acre
$1,555/ac
Projected profit
$440,471
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 | 1,600 | 87 |
| IL-528986 | 403.0 | Feb 8, 2025 | $1,533,800 | 3,806 | 3,169 | 70 |
| IL-858738 | 336.7 | May 9, 2024 | $1,411,700 | 4,193 | 3,408 | 65 |
| IL-177858 | 178.0 | Sep 20, 2024 | $803,100 | 4,512 | 3,051 | 60 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 2,747 | 59 |
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.