Comparable sales & offer analysis
Parcel IL-505591
Iroquois County, IL · 34.45 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$130,200
Adjusted value
$170,757
Value range
$148,029–$193,486
Comp $/acre
$4,957/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.8% versus the adjusted value.
Offer position
Max allowable offer
$97,576
Offer $/acre
$2,832/ac
Projected profit
$51,227
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-705062 | 23.5 | Jun 7, 2025 | $106,900 | 4,553 | 3,894 | 76 |
| IL-716411 | 62.4 | Sep 5, 2025 | $419,400 | 6,723 | 5,494 | 70 |
| IL-774635 | 17.2 | Sep 8, 2025 | $91,400 | 5,307 | 5,396 | 66 |
| IL-157204 | 110.8 | May 1, 2025 | $528,500 | 4,769 | 5,517 | 59 |
| IL-844445 | 15.0 | Oct 1, 2024 | $66,900 | 4,456 | 4,631 | 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.