Comparable sales & offer analysis
Parcel IL-977596
Shelby County, IL · 147 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$617,600
Adjusted value
$789,063
Value range
$622,397–$955,729
Comp $/acre
$5,360/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.7% versus the adjusted value.
Offer position
Max allowable offer
$450,893
Offer $/acre
$3,063/ac
Projected profit
$236,719
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-587912 | 185.1 | Sep 29, 2025 | $749,000 | 4,047 | 4,488 | 85 |
| IL-587323 | 120.8 | Jun 8, 2026 | $863,700 | 7,150 | 4,123 | 77 |
| IL-556586 | 70.8 | Jan 8, 2026 | $824,900 | 11,647 | 7,327 | 68 |
| IL-638565 | 297.0 | Oct 5, 2023 | $1,470,800 | 4,952 | 5,765 | 64 |
| IL-666471 | 65.2 | Sep 28, 2025 | $331,700 | 5,091 | 5,501 | 63 |
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.