Comparable sales & offer analysis
Parcel IL-867220
Kankakee County, IL · 112 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,359,500
Adjusted value
$1,030,598
Value range
$839,409–$1,221,788
Comp $/acre
$9,193/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.9% versus the adjusted value.
Offer position
Max allowable offer
$588,913
Offer $/acre
$5,253/ac
Projected profit
$309,179
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-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 11,833 | 80 |
| IL-616740 | 79.2 | Mar 10, 2026 | $481,500 | 6,081 | 8,213 | 78 |
| IL-146319 | 58.4 | Jun 12, 2026 | $271,000 | 4,644 | 8,528 | 74 |
| IL-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 6,598 | 74 |
| IL-315894 | 42.9 | Jul 27, 2026 | $406,400 | 9,473 | 9,379 | 71 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 11,642 | 63 |
| IL-605653 | 36.0 | Oct 17, 2024 | $413,100 | 11,466 | 8,230 | 58 |
| IL-688938 | 389.2 | May 14, 2025 | $1,443,500 | 3,709 | 7,872 | 57 |
| IL-858936 | 388.6 | Jul 26, 2024 | $1,240,000 | 3,191 | 10,392 | 57 |
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.