Comparable sales & offer analysis
Parcel IL-554714
Wayne County, IL · 18.25 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$263,900
Adjusted value
$323,618
Value range
$276,973–$370,263
Comp $/acre
$17,732/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.5% versus the adjusted value.
Offer position
Max allowable offer
$184,925
Offer $/acre
$10,133/ac
Projected profit
$97,085
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-294581 | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 19,949 | 83 |
| IL-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 16,718 | 81 |
| IL-995616 | 35.1 | Aug 11, 2025 | $483,600 | 13,786 | 15,817 | 71 |
| IL-863522 | 7.7 | Jun 3, 2026 | $132,700 | 17,237 | 19,539 | 69 |
| IL-555587 | 34.4 | Jan 22, 2025 | $365,700 | 10,647 | 15,178 | 66 |
| IL-343276 | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 15,045 | 65 |
| IL-246387 | 61.3 | Dec 15, 2025 | $617,800 | 10,075 | 21,201 | 63 |
| IL-393472 | 7.4 | Nov 23, 2024 | $107,700 | 14,521 | 20,369 | 63 |
| IL-243219 | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 19,830 | 63 |
| IL-503165 | 5.9 | May 10, 2025 | $68,300 | 11,493 | 13,439 | 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.