Comparable sales & offer analysis
Parcel IL-145754
Shelby County, IL · 38.76 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$529,900
Adjusted value
$454,206
Value range
$340,785–$567,627
Comp $/acre
$11,718/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.7% versus the adjusted value.
Offer position
Max allowable offer
$259,546
Offer $/acre
$6,696/ac
Projected profit
$136,262
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-655776 | 39.4 | Feb 26, 2026 | $262,200 | 6,657 | 8,077 | 80 |
| IL-587323 | 120.8 | Jun 8, 2026 | $863,700 | 7,150 | 9,010 | 70 |
| IL-556586 | 70.8 | Jan 8, 2026 | $824,900 | 11,647 | 16,013 | 70 |
| IL-764116 | 11.8 | Jul 27, 2026 | $135,600 | 11,463 | 11,082 | 68 |
| IL-666471 | 65.2 | Sep 28, 2025 | $331,700 | 5,091 | 12,023 | 68 |
| IL-124539 | 16.1 | Aug 4, 2024 | $156,100 | 9,708 | 15,041 | 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.