Comparable sales & offer analysis
Parcel IL-698033
Lee County, IL · 202 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,223,500
Adjusted value
$1,260,152
Value range
$969,377–$1,550,928
Comp $/acre
$6,237/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$720,087
Offer $/acre
$3,564/ac
Projected profit
$378,046
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-538927 | 386.1 | Aug 22, 2025 | $1,791,000 | 4,639 | 6,887 | 77 |
| IL-104807 | 19.5 | Jul 27, 2026 | $168,700 | 8,641 | 4,354 | 62 |
| IL-269805 | 729.3 | Jan 5, 2025 | $4,425,600 | 6,068 | 8,184 | 61 |
| IL-415610 | 34.9 | Mar 21, 2025 | $207,800 | 5,950 | 5,329 | 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.