Comparable sales & offer analysis
Parcel IL-607432
Kankakee County, IL · 131 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,245,500
Adjusted value
$1,056,395
Value range
$835,456–$1,277,335
Comp $/acre
$8,081/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.9% versus the adjusted value.
Offer position
Max allowable offer
$603,654
Offer $/acre
$4,618/ac
Projected profit
$316,919
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-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 9,134 | 79 |
| IL-146319 | 58.4 | Jun 12, 2026 | $271,000 | 4,644 | 7,012 | 73 |
| IL-616740 | 79.2 | Mar 10, 2026 | $481,500 | 6,081 | 6,753 | 73 |
| IL-315894 | 42.9 | Jul 27, 2026 | $406,400 | 9,473 | 7,711 | 70 |
| IL-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 5,425 | 70 |
| IL-639127 | 446.3 | Dec 18, 2025 | $2,672,200 | 5,987 | 8,711 | 70 |
| IL-479020 | 413.0 | Aug 29, 2025 | $2,309,600 | 5,592 | 11,551 | 67 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 9,574 | 66 |
| IL-688938 | 389.2 | May 14, 2025 | $1,443,500 | 3,709 | 6,474 | 61 |
| IL-858936 | 388.6 | Jul 26, 2024 | $1,240,000 | 3,191 | 8,548 | 55 |
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.