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Comparable sales & offer analysis

Parcel IL-342400

Kankakee County, IL · 3.41 ac · Residential · Dirt · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$43,200
Adjusted value
$34,452
Value range
$28,673–$40,230
Comp $/acre
$10,103/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.4% versus the adjusted value.

Offer position

Max allowable offer
$19,687
Offer $/acre
$5,773/ac
Projected profit
$10,336
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
IL-5725313.8Aug 22, 2024$60,90016,23712,35882
IL-5021252.8Feb 19, 2026$32,00011,4428,50680
IL-3634767.4Jul 27, 2026$140,90018,93811,86074
IL-8729195.0Oct 7, 2025$51,30010,3179,37773
IL-6527094.3Dec 22, 2024$30,3007,0889,71472
IL-8327934.5Jan 6, 2024$46,30010,1899,87667
IL-1734847.5Jun 9, 2025$81,50010,88512,81366
IL-4535848.1Jul 25, 2025$105,90013,1528,91965
IL-5835627.9Aug 4, 2025$99,70012,58710,05064
IL-3611841.4Nov 21, 2024$8,9006,2967,15764
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.