Comparable sales & offer analysis
Parcel IL-146319
Kankakee County, IL · 58.37 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$255,700
Adjusted value
$313,840
Value range
$253,632–$374,048
Comp $/acre
$5,377/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.5% versus the adjusted value.
Offer position
Max allowable offer
$179,337
Offer $/acre
$3,072/ac
Projected profit
$94,152
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 | 5,144 | 86 |
| IL-516243 | 55.2 | Apr 26, 2026 | $345,500 | 6,254 | 3,619 | 80 |
| IL-616740 | 79.2 | Mar 10, 2026 | $481,500 | 6,081 | 4,505 | 76 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 6,093 | 73 |
| IL-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 6,491 | 72 |
| IL-755826 | 40.8 | Oct 26, 2025 | $403,000 | 9,867 | 6,387 | 72 |
| IL-725442 | 30.9 | Mar 19, 2025 | $258,700 | 8,366 | 5,287 | 67 |
| IL-605653 | 36.0 | Oct 17, 2024 | $413,100 | 11,466 | 4,516 | 65 |
| IL-714760 | 18.9 | May 16, 2024 | $248,700 | 13,179 | 6,898 | 56 |
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.