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Comparable sales & offer analysis

Parcel IL-723091

Pike County, IL · 5.63 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$63,300
Adjusted value
$62,547
Value range
$49,829–$75,265
Comp $/acre
$11,110/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.2% versus the adjusted value.

Offer position

Max allowable offer
$35,741
Offer $/acre
$6,348/ac
Projected profit
$18,764
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
IL-92406811.4Jul 27, 2026$97,7008,5478,61673
IL-83441514.7Jun 18, 2026$234,40015,95612,06470
IL-9538319.6Aug 14, 2025$82,1008,5239,21270
IL-3714711.7Jul 27, 2026$11,6006,64211,16067
IL-6313731.6Oct 18, 2025$28,80017,77915,08761
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.