Comparable sales & offer analysis
Parcel IL-480660
Shelby County, IL · 0.97 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,600
Adjusted value
$11,303
Value range
$8,754–$13,852
Comp $/acre
$11,653/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.6% versus the adjusted value.
Offer position
Max allowable offer
$6,459
Offer $/acre
$6,659/ac
Projected profit
$3,391
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-830362 | 0.8 | May 28, 2026 | $8,300 | 10,705 | 10,841 | 80 |
| IL-331377 | 1.6 | Nov 28, 2025 | $27,300 | 16,719 | 14,991 | 73 |
| IL-251788 | 2.2 | Jun 13, 2024 | $20,300 | 9,282 | 8,865 | 68 |
| IL-931707 | 2.1 | May 23, 2025 | $38,600 | 18,651 | 14,533 | 68 |
| IL-182203 | 3.0 | Aug 26, 2025 | $21,000 | 7,094 | 8,908 | 66 |
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.