Comparable sales & offer analysis
Parcel IL-331377
Shelby County, IL · 1.63 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$27,500
Adjusted value
$20,380
Value range
$15,103–$25,657
Comp $/acre
$12,503/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.9% versus the adjusted value.
Offer position
Max allowable offer
$11,646
Offer $/acre
$7,145/ac
Projected profit
$6,114
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-931707 | 2.1 | May 23, 2025 | $38,600 | 18,651 | 16,786 | 81 |
| IL-251788 | 2.2 | Jun 13, 2024 | $20,300 | 9,282 | 10,239 | 71 |
| IL-830362 | 0.8 | May 28, 2026 | $8,300 | 10,705 | 12,521 | 71 |
| IL-352488 | 3.6 | Dec 12, 2025 | $31,000 | 8,522 | 8,566 | 70 |
| IL-523027 | 5.4 | Jul 27, 2026 | $66,900 | 12,436 | 15,105 | 69 |
| IL-122528 | 3.8 | Nov 5, 2025 | $50,200 | 13,400 | 16,710 | 67 |
| IL-480660 | 1.0 | May 15, 2024 | $11,800 | 12,198 | 15,501 | 66 |
| IL-182203 | 3.0 | Aug 26, 2025 | $21,000 | 7,094 | 10,289 | 66 |
| IL-222704 | 4.3 | Jan 11, 2026 | $50,400 | 11,868 | 10,632 | 65 |
| IL-442474 | 3.6 | Sep 23, 2024 | $30,400 | 8,433 | 7,648 | 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.