Comparable sales & offer analysis
Parcel IL-516824
Montgomery County, IL · 84.15 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$736,200
Adjusted value
$1,112,535
Value range
$875,270–$1,349,799
Comp $/acre
$13,221/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.8% versus the adjusted value.
Offer position
Max allowable offer
$635,734
Offer $/acre
$7,555/ac
Projected profit
$333,760
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-496151 | 51.7 | Aug 10, 2025 | $996,000 | 19,272 | 18,665 | 67 |
| IL-557538 | 141.2 | Feb 13, 2024 | $1,294,300 | 9,169 | 11,537 | 67 |
| IL-988518 | 287.1 | Jul 27, 2026 | $1,233,800 | 4,298 | 12,607 | 65 |
| IL-658536 | 290.9 | Jul 27, 2026 | $1,475,600 | 5,073 | 11,812 | 64 |
| IL-725284 | 27.6 | Apr 29, 2025 | $299,500 | 10,858 | 11,221 | 62 |
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.