Comparable sales & offer analysis
Parcel IL-583562
Kankakee County, IL · 7.92 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$113,800
Adjusted value
$107,869
Value range
$90,907–$124,831
Comp $/acre
$13,620/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.5% versus the adjusted value.
Offer position
Max allowable offer
$61,639
Offer $/acre
$7,783/ac
Projected profit
$32,361
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-363476 | 7.4 | Jul 27, 2026 | $140,900 | 18,938 | 15,581 | 86 |
| IL-484249 | 13.0 | Jul 27, 2026 | $165,300 | 12,689 | 10,915 | 80 |
| IL-453584 | 8.1 | Jul 25, 2025 | $105,900 | 13,152 | 11,717 | 79 |
| IL-173484 | 7.5 | Jun 9, 2025 | $81,500 | 10,885 | 16,832 | 76 |
| IL-872919 | 5.0 | Oct 7, 2025 | $51,300 | 10,317 | 12,318 | 72 |
| IL-502125 | 2.8 | Feb 19, 2026 | $32,000 | 11,442 | 11,174 | 67 |
| IL-832793 | 4.5 | Jan 6, 2024 | $46,300 | 10,189 | 12,974 | 67 |
| IL-342400 | 3.4 | Jan 29, 2026 | $41,000 | 12,010 | 16,225 | 67 |
| IL-652709 | 4.3 | Dec 22, 2024 | $30,300 | 7,088 | 12,761 | 66 |
| IL-714760 | 18.9 | May 16, 2024 | $248,700 | 13,179 | 15,725 | 65 |
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.