Comparable sales & offer analysis
Parcel IL-858936
Kankakee County, IL · 389 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,312,200
Adjusted value
$1,380,265
Value range
$1,101,431–$1,659,099
Comp $/acre
$3,552/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.9% versus the adjusted value.
Offer position
Max allowable offer
$788,723
Offer $/acre
$2,029/ac
Projected profit
$414,079
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-639127 | 446.3 | Dec 18, 2025 | $2,672,200 | 5,987 | 3,552 | 77 |
| IL-479020 | 413.0 | Aug 29, 2025 | $2,309,600 | 5,592 | 4,710 | 77 |
| IL-688938 | 389.2 | May 14, 2025 | $1,443,500 | 3,709 | 2,639 | 77 |
| IL-329333 | 518.1 | Sep 23, 2024 | $1,221,700 | 2,358 | 2,789 | 75 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 3,724 | 65 |
| IL-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 3,967 | 64 |
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.