Comparable sales & offer analysis
Parcel IL-453584
Kankakee County, IL · 8.05 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$119,500
Adjusted value
$133,312
Value range
$112,866–$153,759
Comp $/acre
$16,561/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.4% versus the adjusted value.
Offer position
Max allowable offer
$76,178
Offer $/acre
$9,463/ac
Projected profit
$39,994
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-363476 | 7.4 | Jul 27, 2026 | $140,900 | 18,938 | 18,365 | 79 |
| IL-583562 | 7.9 | Aug 4, 2025 | $99,700 | 12,587 | 15,562 | 79 |
| IL-173484 | 7.5 | Jun 9, 2025 | $81,500 | 10,885 | 19,840 | 78 |
| IL-484249 | 13.0 | Jul 27, 2026 | $165,300 | 12,689 | 12,865 | 77 |
| IL-502125 | 2.8 | Feb 19, 2026 | $32,000 | 11,442 | 13,170 | 72 |
| IL-872919 | 5.0 | Oct 7, 2025 | $51,300 | 10,317 | 14,520 | 72 |
| IL-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 19,125 | 68 |
| IL-652709 | 4.3 | Dec 22, 2024 | $30,300 | 7,088 | 15,041 | 66 |
| IL-572531 | 3.8 | Aug 22, 2024 | $60,900 | 16,237 | 19,135 | 63 |
| IL-714760 | 18.9 | May 16, 2024 | $248,700 | 13,179 | 18,534 | 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.
