Comparable sales & offer analysis
Parcel IL-727500
Madison County, IL · 137 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$522,500
Adjusted value
$627,802
Value range
$487,567–$768,036
Comp $/acre
$4,572/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.8% versus the adjusted value.
Offer position
Max allowable offer
$358,744
Offer $/acre
$2,612/ac
Projected profit
$188,340
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 | 2,907 | 83 |
| IL-786823 | 84.1 | Jul 27, 2026 | $390,400 | 4,642 | 5,235 | 80 |
| IL-627185 | 109.3 | Jul 27, 2026 | $552,100 | 5,051 | 2,876 | 80 |
| IL-485970 | 45.3 | May 4, 2026 | $316,200 | 6,975 | 5,498 | 78 |
| IL-587601 | 147.8 | Feb 26, 2025 | $798,100 | 5,402 | 4,283 | 75 |
| IL-477795 | 170.0 | Sep 7, 2024 | $820,900 | 4,828 | 4,779 | 75 |
| IL-477618 | 149.6 | Aug 15, 2024 | $526,400 | 3,519 | 4,960 | 74 |
| IL-165817 | 40.6 | Jul 27, 2026 | $252,000 | 6,213 | 5,106 | 67 |
| IL-528416 | 266.6 | Mar 30, 2025 | $2,539,100 | 9,522 | 6,177 | 66 |
| IL-156110 | 50.2 | May 14, 2026 | $368,900 | 7,353 | 4,317 | 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.