Comparable sales & offer analysis
Parcel IL-429441
Madison County, IL · 560 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,692,600
Adjusted value
$1,591,851
Value range
$1,261,914–$1,921,788
Comp $/acre
$2,841/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.3% versus the adjusted value.
Offer position
Max allowable offer
$909,629
Offer $/acre
$1,623/ac
Projected profit
$477,555
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-809664 | 658.5 | May 19, 2026 | $2,687,600 | 4,081 | 2,961 | 82 |
| IL-499798 | 725.6 | Mar 17, 2026 | $2,053,600 | 2,830 | 2,031 | 77 |
| IL-289877 | 768.4 | Jan 24, 2025 | $1,670,200 | 2,174 | 2,564 | 73 |
| IL-528416 | 266.6 | Mar 30, 2025 | $2,539,100 | 9,522 | 3,838 | 65 |
| IL-477795 | 170.0 | Sep 7, 2024 | $820,900 | 4,828 | 2,970 | 57 |
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.