Comparable sales & offer analysis
Parcel IL-269805
Lee County, IL · 729 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,235,000
Adjusted value
$3,879,027
Value range
$3,568,705–$4,189,349
Comp $/acre
$5,319/ac
Weighted from 2 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.2% versus the adjusted value.
Offer position
Max allowable offer
$2,216,587
Offer $/acre
$3,039/ac
Projected profit
$1,163,708
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 | 5,158 | 70 |
| IL-538927 | 386.1 | Aug 22, 2025 | $1,791,000 | 4,639 | 5,480 | 69 |
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.