Comparable sales & offer analysis
Parcel IL-451240
Madison County, IL · 1.47 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,400
Adjusted value
$16,075
Value range
$13,826–$18,324
Comp $/acre
$10,935/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.9% versus the adjusted value.
Offer position
Max allowable offer
$9,186
Offer $/acre
$6,249/ac
Projected profit
$4,822
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-391017 | 1.3 | Nov 1, 2025 | $12,600 | 10,090 | 12,236 | 87 |
| IL-131480 | 1.8 | Oct 7, 2025 | $19,200 | 10,965 | 11,525 | 72 |
| IL-623260 | 6.4 | Mar 2, 2026 | $86,800 | 13,645 | 12,525 | 72 |
| IL-973228 | 6.2 | Jul 27, 2026 | $73,300 | 11,788 | 10,628 | 66 |
| IL-921810 | 2.2 | Oct 9, 2024 | $20,900 | 9,377 | 10,303 | 65 |
| IL-452430 | 3.5 | Apr 4, 2025 | $34,100 | 9,768 | 10,660 | 62 |
| IL-363426 | 7.2 | Nov 13, 2024 | $64,600 | 8,998 | 7,184 | 51 |
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.