Comparable sales & offer analysis
Parcel IL-743884
Madison County, IL · 10.00 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$82,600
Adjusted value
$95,166
Value range
$73,208–$117,124
Comp $/acre
$9,517/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.2% versus the adjusted value.
Offer position
Max allowable offer
$54,381
Offer $/acre
$5,438/ac
Projected profit
$28,550
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-763918 | 10.3 | Oct 15, 2025 | $51,100 | 4,988 | 7,608 | 83 |
| IL-973228 | 6.2 | Jul 27, 2026 | $73,300 | 11,788 | 9,728 | 81 |
| IL-363426 | 7.2 | Nov 13, 2024 | $64,600 | 8,998 | 6,576 | 76 |
| IL-623260 | 6.4 | Mar 2, 2026 | $86,800 | 13,645 | 11,465 | 75 |
| IL-754425 | 14.8 | Mar 23, 2026 | $101,000 | 6,823 | 7,109 | 75 |
| IL-494589 | 16.7 | Dec 1, 2025 | $208,900 | 12,533 | 13,399 | 73 |
| IL-375490 | 32.0 | Jan 14, 2026 | $337,800 | 10,550 | 10,540 | 68 |
| IL-452430 | 3.5 | Apr 4, 2025 | $34,100 | 9,768 | 9,758 | 68 |
| IL-164772 | 19.0 | May 22, 2025 | $250,300 | 13,152 | 11,962 | 67 |
| IL-534908 | 21.0 | May 20, 2024 | $132,800 | 6,325 | 7,480 | 66 |
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.