Comparable sales & offer analysis
Parcel IL-391017
Madison County, IL · 1.25 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,700
Adjusted value
$12,732
Value range
$10,975–$14,488
Comp $/acre
$10,185/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.5% versus the adjusted value.
Offer position
Max allowable offer
$7,275
Offer $/acre
$5,820/ac
Projected profit
$3,819
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-451240 | 1.5 | Jun 19, 2024 | $20,000 | 13,614 | 12,714 | 81 |
| IL-131480 | 1.8 | Oct 7, 2025 | $19,200 | 10,965 | 9,871 | 71 |
| IL-623260 | 6.4 | Mar 2, 2026 | $86,800 | 13,645 | 10,728 | 68 |
| IL-921810 | 2.2 | Oct 9, 2024 | $20,900 | 9,377 | 8,823 | 64 |
| IL-452430 | 3.5 | Apr 4, 2025 | $34,100 | 9,768 | 9,129 | 61 |
| IL-973228 | 6.2 | Jul 27, 2026 | $73,300 | 11,788 | 9,104 | 61 |
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.