Comparable sales & offer analysis
Parcel IL-655776
Shelby County, IL · 39.39 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$313,300
Adjusted value
$422,148
Value range
$344,492–$499,803
Comp $/acre
$10,717/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.8% versus the adjusted value.
Offer position
Max allowable offer
$241,227
Offer $/acre
$6,124/ac
Projected profit
$126,644
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-145754 | 38.8 | Jul 27, 2026 | $503,900 | 13,001 | 11,072 | 84 |
| IL-666471 | 65.2 | Sep 28, 2025 | $331,700 | 5,091 | 10,159 | 74 |
| IL-556586 | 70.8 | Jan 8, 2026 | $824,900 | 11,647 | 13,531 | 73 |
| IL-587323 | 120.8 | Jun 8, 2026 | $863,700 | 7,150 | 7,614 | 72 |
| IL-764116 | 11.8 | Jul 27, 2026 | $135,600 | 11,463 | 9,364 | 64 |
| IL-124539 | 16.1 | Aug 4, 2024 | $156,100 | 9,708 | 12,709 | 58 |
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.