Comparable sales & offer analysis
Parcel IL-872919
Kankakee County, IL · 4.97 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$58,600
Adjusted value
$59,393
Value range
$50,167–$68,620
Comp $/acre
$11,950/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.3% versus the adjusted value.
Offer position
Max allowable offer
$33,939
Offer $/acre
$6,829/ac
Projected profit
$17,818
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 | 13,516 | 78 |
| IL-832793 | 4.5 | Jan 6, 2024 | $46,300 | 10,189 | 11,261 | 78 |
| IL-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 14,077 | 76 |
| IL-484249 | 13.0 | Jul 27, 2026 | $165,300 | 12,689 | 9,468 | 74 |
| IL-173484 | 7.5 | Jun 9, 2025 | $81,500 | 10,885 | 14,605 | 74 |
| IL-502125 | 2.8 | Feb 19, 2026 | $32,000 | 11,442 | 9,694 | 73 |
| IL-583562 | 7.9 | Aug 4, 2025 | $99,700 | 12,587 | 11,456 | 72 |
| IL-652709 | 4.3 | Dec 22, 2024 | $30,300 | 7,088 | 11,074 | 72 |
| IL-453584 | 8.1 | Jul 25, 2025 | $105,900 | 13,152 | 10,167 | 71 |
| IL-572531 | 3.8 | Aug 22, 2024 | $60,900 | 16,237 | 14,089 | 69 |
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.