Comparable sales & offer analysis
Parcel IL-830362
Shelby County, IL · 0.78 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,400
Adjusted value
$8,684
Value range
$6,252–$11,115
Comp $/acre
$11,133/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.3% versus the adjusted value.
Offer position
Max allowable offer
$4,962
Offer $/acre
$6,362/ac
Projected profit
$2,605
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-480660 | 1.0 | May 15, 2024 | $11,800 | 12,198 | 13,447 | 70 |
| IL-331377 | 1.6 | Nov 28, 2025 | $27,300 | 16,719 | 15,020 | 67 |
| IL-122528 | 3.8 | Nov 5, 2025 | $50,200 | 13,400 | 14,496 | 65 |
| IL-182203 | 3.0 | Aug 26, 2025 | $21,000 | 7,094 | 8,926 | 65 |
| IL-222704 | 4.3 | Jan 11, 2026 | $50,400 | 11,868 | 9,223 | 64 |
| IL-931707 | 2.1 | May 23, 2025 | $38,600 | 18,651 | 14,562 | 61 |
| IL-352488 | 3.6 | Dec 12, 2025 | $31,000 | 8,522 | 7,431 | 60 |
| IL-251788 | 2.2 | Jun 13, 2024 | $20,300 | 9,282 | 8,883 | 57 |
| IL-442474 | 3.6 | Sep 23, 2024 | $30,400 | 8,433 | 6,635 | 52 |
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.