Comparable sales & offer analysis
Parcel IL-616740
Kankakee County, IL · 79.18 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$546,500
Adjusted value
$572,028
Value range
$467,551–$676,506
Comp $/acre
$7,224/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.5% versus the adjusted value.
Offer position
Max allowable offer
$326,873
Offer $/acre
$4,128/ac
Projected profit
$171,609
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-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 4,974 | 82 |
| IL-146319 | 58.4 | Jun 12, 2026 | $271,000 | 4,644 | 6,429 | 79 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 8,374 | 78 |
| IL-315894 | 42.9 | Jul 27, 2026 | $406,400 | 9,473 | 7,070 | 77 |
| IL-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 8,920 | 74 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 8,778 | 68 |
| IL-605653 | 36.0 | Oct 17, 2024 | $413,100 | 11,466 | 6,206 | 63 |
| IL-725442 | 30.9 | Mar 19, 2025 | $258,700 | 8,366 | 7,267 | 61 |
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.