Comparable sales & offer analysis
Parcel IL-350751
Kankakee County, IL · 1.03 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,000
Adjusted value
$12,550
Value range
$9,876–$15,224
Comp $/acre
$12,184/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.3% versus the adjusted value.
Offer position
Max allowable offer
$7,171
Offer $/acre
$6,963/ac
Projected profit
$3,765
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-900233 | 0.7 | Jul 27, 2026 | $11,900 | 16,741 | 11,716 | 80 |
| IL-940447 | 0.8 | Jan 17, 2026 | $12,400 | 14,964 | 15,378 | 80 |
| IL-502125 | 2.8 | Feb 19, 2026 | $32,000 | 11,442 | 10,127 | 66 |
| IL-361184 | 1.4 | Nov 21, 2024 | $8,900 | 6,296 | 8,521 | 65 |
| IL-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 14,706 | 62 |
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.