Comparable sales & offer analysis
Parcel IL-240308
Pike County, IL · 0.75 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$8,400
Adjusted value
$11,151
Value range
$9,119–$13,184
Comp $/acre
$14,869/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.7% versus the adjusted value.
Offer position
Max allowable offer
$6,372
Offer $/acre
$8,496/ac
Projected profit
$3,345
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 | 16,143 | 77 |
| IL-631373 | 1.6 | Oct 18, 2025 | $28,800 | 17,779 | 19,190 | 70 |
| IL-371471 | 1.7 | Jul 27, 2026 | $11,600 | 6,642 | 14,194 | 70 |
| IL-560882 | 1.1 | Dec 18, 2024 | $7,200 | 6,318 | 11,325 | 66 |
| IL-723091 | 5.6 | Dec 8, 2025 | $55,200 | 9,804 | 12,900 | 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.