Comparable sales & offer analysis
Parcel IL-509918
Pike County, IL · 792 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,916,600
Adjusted value
$3,136,484
Value range
$2,283,778–$3,989,189
Comp $/acre
$3,962/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.9% versus the adjusted value.
Offer position
Max allowable offer
$1,792,276
Offer $/acre
$2,264/ac
Projected profit
$940,945
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 | 4,177 | 73 |
| IL-327879 | 180.7 | Jul 27, 2026 | $423,500 | 2,344 | 2,652 | 69 |
| IL-217435 | 131.0 | Jul 27, 2026 | $888,500 | 6,782 | 5,567 | 66 |
| IL-568383 | 260.4 | Apr 1, 2025 | $1,003,500 | 3,854 | 3,427 | 59 |
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.