Comparable sales & offer analysis
Parcel IL-863522
Wayne County, IL · 7.70 ac · Recreational · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$140,600
Adjusted value
$111,309
Value range
$88,291–$134,326
Comp $/acre
$14,456/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.3% versus the adjusted value.
Offer position
Max allowable offer
$63,605
Offer $/acre
$8,260/ac
Projected profit
$33,393
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-343276 | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 13,385 | 81 |
| IL-243219 | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 17,641 | 78 |
| IL-503165 | 5.9 | May 10, 2025 | $68,300 | 11,493 | 11,956 | 74 |
| IL-393472 | 7.4 | Nov 23, 2024 | $107,700 | 14,521 | 18,121 | 72 |
| IL-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 14,873 | 72 |
| IL-294581 | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 17,748 | 69 |
| IL-801864 | 2.3 | Jul 27, 2026 | $16,000 | 6,907 | 9,720 | 65 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 11,400 | 61 |
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.