Comparable sales & offer analysis
Parcel IL-502125
Kankakee County, IL · 2.80 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$30,600
Adjusted value
$40,497
Value range
$33,731–$47,262
Comp $/acre
$14,463/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.4% versus the adjusted value.
Offer position
Max allowable offer
$23,141
Offer $/acre
$8,265/ac
Projected profit
$12,149
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-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 17,047 | 80 |
| IL-652709 | 4.3 | Dec 22, 2024 | $30,300 | 7,088 | 13,407 | 75 |
| IL-872919 | 5.0 | Oct 7, 2025 | $51,300 | 10,317 | 12,942 | 70 |
| IL-453584 | 8.1 | Jul 25, 2025 | $105,900 | 13,152 | 12,310 | 69 |
| IL-572531 | 3.8 | Aug 22, 2024 | $60,900 | 16,237 | 17,056 | 68 |
| IL-363476 | 7.4 | Jul 27, 2026 | $140,900 | 18,938 | 16,370 | 68 |
| IL-361184 | 1.4 | Nov 21, 2024 | $8,900 | 6,296 | 9,877 | 68 |
| IL-940447 | 0.8 | Jan 17, 2026 | $12,400 | 14,964 | 17,827 | 66 |
| IL-832793 | 4.5 | Jan 6, 2024 | $46,300 | 10,189 | 13,631 | 66 |
| IL-583562 | 7.9 | Aug 4, 2025 | $99,700 | 12,587 | 13,871 | 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.