Comparable sales & offer analysis
Parcel IL-988518
Montgomery County, IL · 287 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,326,700
Adjusted value
$1,069,763
Value range
$919,980–$1,219,547
Comp $/acre
$3,726/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.0% versus the adjusted value.
Offer position
Max allowable offer
$611,293
Offer $/acre
$2,129/ac
Projected profit
$320,929
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-658536 | 290.9 | Jul 27, 2026 | $1,475,600 | 5,073 | 4,058 | 87 |
| IL-159177 | 462.8 | Jul 27, 2026 | $2,268,700 | 4,902 | 3,869 | 79 |
| IL-119689 | 670.6 | Jul 27, 2026 | $2,265,800 | 3,379 | 2,984 | 71 |
| IL-408832 | 360.4 | Feb 21, 2024 | $2,297,200 | 6,374 | 4,357 | 66 |
| IL-557538 | 141.2 | Feb 13, 2024 | $1,294,300 | 9,169 | 3,961 | 66 |
| IL-516824 | 84.2 | Jul 18, 2025 | $687,600 | 8,171 | 2,934 | 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.