Comparable sales & offer analysis
Parcel IL-146319
Kankakee County, IL · 58.37 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$255,700
Adjusted value
$315,557
Value range
$255,031–$376,083
Comp $/acre
$5,406/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.
Offer position
Max allowable offer
$180,318
Offer $/acre
$3,089/ac
Projected profit
$94,667
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-315894 | 42.9 | Jul 27, 2026 | $406,400 | 9,473 | 5,173 | 85 |
| IL-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 3,639 | 79 |
| IL-616740 | 79.2 | Mar 10, 2026 | $481,500 | 6,081 | 4,530 | 75 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 6,127 | 72 |
| IL-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 6,526 | 71 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 6,421 | 71 |
| IL-725442 | 30.9 | Mar 19, 2025 | $258,700 | 8,366 | 5,315 | 66 |
| IL-605653 | 36.0 | Oct 17, 2024 | $413,100 | 11,466 | 4,539 | 65 |
| IL-714760 | 18.9 | May 16, 2024 | $248,700 | 13,179 | 6,933 | 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.