Comparable sales & offer analysis
Parcel IL-623260
Madison County, IL · 6.36 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$80,800
Adjusted value
$69,906
Value range
$53,807–$86,005
Comp $/acre
$10,991/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.6% versus the adjusted value.
Offer position
Max allowable offer
$39,946
Offer $/acre
$6,281/ac
Projected profit
$20,972
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-973228 | 6.2 | Jul 27, 2026 | $73,300 | 11,788 | 11,799 | 87 |
| IL-363426 | 7.2 | Nov 13, 2024 | $64,600 | 8,998 | 7,976 | 72 |
| IL-743884 | 10.0 | Jun 28, 2025 | $73,800 | 7,376 | 9,373 | 71 |
| IL-754425 | 14.8 | Mar 23, 2026 | $101,000 | 6,823 | 8,623 | 71 |
| IL-763918 | 10.3 | Oct 15, 2025 | $51,100 | 4,988 | 9,228 | 69 |
| IL-452430 | 3.5 | Apr 4, 2025 | $34,100 | 9,768 | 11,835 | 68 |
| IL-494589 | 16.7 | Dec 1, 2025 | $208,900 | 12,533 | 16,252 | 65 |
| IL-164772 | 19.0 | May 22, 2025 | $250,300 | 13,152 | 14,509 | 64 |
| IL-921810 | 2.2 | Oct 9, 2024 | $20,900 | 9,377 | 11,439 | 60 |
| IL-534908 | 21.0 | May 20, 2024 | $132,800 | 6,325 | 9,073 | 54 |
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.