Comparable sales & offer analysis
Parcel IL-151776
Lee County, IL · 2.17 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$29,200
Adjusted value
$36,598
Value range
$31,049–$42,148
Comp $/acre
$16,866/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.2% versus the adjusted value.
Offer position
Max allowable offer
$20,913
Offer $/acre
$9,637/ac
Projected profit
$10,979
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-681108 | 1.3 | Jul 27, 2026 | $10,800 | 8,067 | 14,384 | 80 |
| IL-360850 | 1.1 | Jul 27, 2026 | $23,000 | 20,757 | 17,442 | 75 |
| IL-911535 | 1.8 | Nov 15, 2024 | $23,000 | 12,659 | 14,001 | 71 |
| IL-191084 | 1.3 | May 27, 2025 | $10,900 | 8,266 | 18,186 | 70 |
| IL-772376 | 3.4 | Jul 23, 2024 | $62,100 | 18,549 | 21,082 | 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.