Comparable sales & offer analysis
Parcel IL-509918
Pike County, IL · 792 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,916,600
Adjusted value
$3,120,154
Value range
$2,269,936–$3,970,373
Comp $/acre
$3,942/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.5% versus the adjusted value.
Offer position
Max allowable offer
$1,782,945
Offer $/acre
$2,252/ac
Projected profit
$936,046
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-609339 | 520.4 | Jul 20, 2024 | $1,648,000 | 3,167 | 4,155 | 73 |
| IL-327879 | 180.7 | Jul 27, 2026 | $423,500 | 2,344 | 2,637 | 70 |
| IL-217435 | 131.0 | Jul 27, 2026 | $888,500 | 6,782 | 5,536 | 68 |
| IL-568383 | 260.4 | Apr 1, 2025 | $1,003,500 | 3,854 | 3,409 | 60 |
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.