Comparable sales & offer analysis
Parcel IL-528416
Madison County, IL · 267 ac · Residential · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,070,200
Adjusted value
$1,783,965
Value range
$1,420,122–$2,147,808
Comp $/acre
$6,691/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +72.1% versus the adjusted value.
Offer position
Max allowable offer
$1,019,409
Offer $/acre
$3,823/ac
Projected profit
$535,189
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-357709 | 159.8 | Jul 27, 2026 | $411,800 | 2,578 | 4,741 | 79 |
| IL-727500 | 137.3 | Jul 27, 2026 | $506,300 | 3,687 | 6,059 | 76 |
| IL-627185 | 109.3 | Jul 27, 2026 | $552,100 | 5,051 | 4,690 | 72 |
| IL-429441 | 560.3 | Feb 16, 2026 | $1,545,300 | 2,758 | 7,428 | 71 |
| IL-587601 | 147.8 | Feb 26, 2025 | $798,100 | 5,402 | 6,986 | 70 |
| IL-786823 | 84.1 | Jul 27, 2026 | $390,400 | 4,642 | 8,535 | 69 |
| IL-809664 | 658.5 | May 19, 2026 | $2,687,600 | 4,081 | 7,771 | 69 |
| IL-499798 | 725.6 | Mar 17, 2026 | $2,053,600 | 2,830 | 5,329 | 68 |
| IL-477618 | 149.6 | Aug 15, 2024 | $526,400 | 3,519 | 8,092 | 66 |
| IL-477795 | 170.0 | Sep 7, 2024 | $820,900 | 4,828 | 7,795 | 65 |
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.