Comparable sales & offer analysis
Parcel IL-538927
Lee County, IL · 386 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,694,400
Adjusted value
$1,838,893
Value range
$1,537,747–$2,140,039
Comp $/acre
$4,763/ac
Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.9% versus the adjusted value.
Offer position
Max allowable offer
$1,050,796
Offer $/acre
$2,722/ac
Projected profit
$551,668
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-698033 | 202.0 | Jun 30, 2026 | $1,295,700 | 6,413 | 4,571 | 83 |
| IL-269805 | 729.3 | Jan 5, 2025 | $4,425,600 | 6,068 | 5,771 | 66 |
| IL-415610 | 34.9 | Mar 21, 2025 | $207,800 | 5,950 | 3,758 | 51 |
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.