Comparable sales & offer analysis
Parcel IL-240308
Pike County, IL · 0.75 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,400
Adjusted value
$11,211
Value range
$9,163–$13,258
Comp $/acre
$14,947/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.1% versus the adjusted value.
Offer position
Max allowable offer
$6,406
Offer $/acre
$8,541/ac
Projected profit
$3,363
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-100803 | 1.1 | Jul 27, 2026 | $10,300 | 9,619 | 16,233 | 76 |
| IL-631373 | 1.6 | Oct 18, 2025 | $28,800 | 17,779 | 19,294 | 70 |
| IL-371471 | 1.7 | Jul 27, 2026 | $11,600 | 6,642 | 14,273 | 69 |
| IL-560882 | 1.1 | Dec 18, 2024 | $7,200 | 6,318 | 11,384 | 65 |
| IL-723091 | 5.6 | Dec 8, 2025 | $55,200 | 9,804 | 12,970 | 61 |
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.