Comparable sales & offer analysis
Parcel IL-294581
Wayne County, IL · 16.57 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$151,600
Adjusted value
$130,996
Value range
$110,149–$151,844
Comp $/acre
$7,906/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.7% versus the adjusted value.
Offer position
Max allowable offer
$74,855
Offer $/acre
$4,517/ac
Projected profit
$39,299
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-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 8,011 | 81 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 6,140 | 78 |
| IL-863522 | 7.7 | Jun 3, 2026 | $132,700 | 17,237 | 9,362 | 72 |
| IL-343276 | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 7,209 | 68 |
| IL-995616 | 35.1 | Aug 11, 2025 | $483,600 | 13,786 | 7,579 | 65 |
| IL-393472 | 7.4 | Nov 23, 2024 | $107,700 | 14,521 | 9,760 | 64 |
| IL-243219 | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 9,502 | 62 |
| IL-555587 | 34.4 | Jan 22, 2025 | $365,700 | 10,647 | 7,273 | 62 |
| IL-503165 | 5.9 | May 10, 2025 | $68,300 | 11,493 | 6,439 | 59 |
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.