Comparable sales & offer analysis
Parcel IL-556586
Shelby County, IL · 70.83 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$848,700
Adjusted value
$534,543
Value range
$435,930–$633,155
Comp $/acre
$7,547/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +58.8% versus the adjusted value.
Offer position
Max allowable offer
$305,453
Offer $/acre
$4,312/ac
Projected profit
$160,363
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-587323 | 120.8 | Jun 8, 2026 | $863,700 | 7,150 | 6,718 | 77 |
| IL-145754 | 38.8 | Jul 27, 2026 | $503,900 | 13,001 | 9,769 | 75 |
| IL-655776 | 39.4 | Feb 26, 2026 | $262,200 | 6,657 | 6,023 | 75 |
| IL-666471 | 65.2 | Sep 28, 2025 | $331,700 | 5,091 | 8,966 | 75 |
| IL-977596 | 147.2 | Jan 31, 2026 | $562,000 | 3,818 | 6,397 | 70 |
| IL-587912 | 185.1 | Sep 29, 2025 | $749,000 | 4,047 | 7,315 | 64 |
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.