Comparable sales & offer analysis
Parcel IL-605653
Kankakee County, IL · 36.03 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$474,300
Adjusted value
$515,074
Value range
$421,994–$608,153
Comp $/acre
$14,296/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.9% versus the adjusted value.
Offer position
Max allowable offer
$294,328
Offer $/acre
$8,169/ac
Projected profit
$154,522
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-315894 | 42.9 | Jul 27, 2026 | $406,400 | 9,473 | 14,065 | 86 |
| IL-146319 | 58.4 | Jun 12, 2026 | $271,000 | 4,644 | 12,790 | 75 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 17,463 | 73 |
| IL-484249 | 13.0 | Jul 27, 2026 | $165,300 | 12,689 | 13,085 | 73 |
| IL-725442 | 30.9 | Mar 19, 2025 | $258,700 | 8,366 | 14,456 | 73 |
| IL-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 9,895 | 72 |
| IL-616740 | 79.2 | Mar 10, 2026 | $481,500 | 6,081 | 12,317 | 71 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 16,660 | 67 |
| IL-714760 | 18.9 | May 16, 2024 | $248,700 | 13,179 | 18,860 | 62 |
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.