Comparable sales & offer analysis
Parcel IL-643686
Shelby County, IL · 8.67 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$121,700
Adjusted value
$99,120
Value range
$74,501–$123,738
Comp $/acre
$11,432/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.8% versus the adjusted value.
Offer position
Max allowable offer
$56,640
Offer $/acre
$6,533/ac
Projected profit
$29,736
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-764116 | 11.8 | Jul 27, 2026 | $135,600 | 11,463 | 11,262 | 76 |
| IL-523027 | 5.4 | Jul 27, 2026 | $66,900 | 12,436 | 14,128 | 75 |
| IL-222704 | 4.3 | Jan 11, 2026 | $50,400 | 11,868 | 9,945 | 71 |
| IL-563484 | 7.5 | Feb 28, 2025 | $66,400 | 8,870 | 11,270 | 70 |
| IL-122528 | 3.8 | Nov 5, 2025 | $50,200 | 13,400 | 15,632 | 68 |
| IL-352488 | 3.6 | Dec 12, 2025 | $31,000 | 8,522 | 8,013 | 66 |
| IL-182203 | 3.0 | Aug 26, 2025 | $21,000 | 7,094 | 9,625 | 64 |
| IL-124539 | 16.1 | Aug 4, 2024 | $156,100 | 9,708 | 15,291 | 63 |
| IL-442474 | 3.6 | Sep 23, 2024 | $30,400 | 8,433 | 7,156 | 62 |
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.