Comparable sales & offer analysis
Parcel IL-688938
Kankakee County, IL · 389 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,497,400
Adjusted value
$2,140,980
Value range
$1,805,320–$2,476,640
Comp $/acre
$5,501/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.1% versus the adjusted value.
Offer position
Max allowable offer
$1,223,417
Offer $/acre
$3,143/ac
Projected profit
$642,294
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-639127 | 446.3 | Dec 18, 2025 | $2,672,200 | 5,987 | 5,254 | 78 |
| IL-479020 | 413.0 | Aug 29, 2025 | $2,309,600 | 5,592 | 6,967 | 78 |
| IL-858936 | 388.6 | Jul 26, 2024 | $1,240,000 | 3,191 | 5,155 | 74 |
| IL-329333 | 518.1 | Sep 23, 2024 | $1,221,700 | 2,358 | 4,127 | 69 |
| IL-607432 | 130.7 | May 20, 2026 | $1,259,200 | 9,633 | 5,868 | 68 |
| IL-867220 | 112.1 | Mar 3, 2026 | $1,215,400 | 10,841 | 5,509 | 63 |
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.