Comparable sales & offer analysis
Parcel IL-940447
Kankakee County, IL · 0.83 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,000
Adjusted value
$9,280
Value range
$7,217–$11,343
Comp $/acre
$11,180/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.3% versus the adjusted value.
Offer position
Max allowable offer
$5,303
Offer $/acre
$6,389/ac
Projected profit
$2,784
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 | 11,740 | 87 |
| IL-350751 | 1.0 | Jul 9, 2024 | $6,800 | 6,563 | 7,194 | 73 |
| IL-502125 | 2.8 | Feb 19, 2026 | $32,000 | 11,442 | 10,148 | 67 |
| IL-361184 | 1.4 | Nov 21, 2024 | $8,900 | 6,296 | 8,538 | 66 |
| IL-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 14,736 | 65 |
| IL-832793 | 4.5 | Jan 6, 2024 | $46,300 | 10,189 | 11,783 | 61 |
| IL-652709 | 4.3 | Dec 22, 2024 | $30,300 | 7,088 | 11,589 | 55 |
| IL-572531 | 3.8 | Aug 22, 2024 | $60,900 | 16,237 | 14,744 | 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.