Comparable sales & offer analysis
Parcel IL-119689
Montgomery County, IL · 671 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,217,000
Adjusted value
$3,144,739
Value range
$2,893,159–$3,396,318
Comp $/acre
$4,690/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.5% versus the adjusted value.
Offer position
Max allowable offer
$1,796,993
Offer $/acre
$2,680/ac
Projected profit
$943,422
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-159177 | 462.8 | Jul 27, 2026 | $2,268,700 | 4,902 | 4,415 | 81 |
| IL-658536 | 290.9 | Jul 27, 2026 | $1,475,600 | 5,073 | 4,631 | 75 |
| IL-988518 | 287.1 | Jul 27, 2026 | $1,233,800 | 4,298 | 4,942 | 71 |
| IL-408832 | 360.4 | Feb 21, 2024 | $2,297,200 | 6,374 | 4,972 | 65 |
| IL-557538 | 141.2 | Feb 13, 2024 | $1,294,300 | 9,169 | 4,520 | 56 |
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.