Comparable sales & offer analysis
Parcel IL-458377
Wayne County, IL · 259 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,511,700
Adjusted value
$1,944,209
Value range
$1,505,180–$2,383,239
Comp $/acre
$7,500/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.2% versus the adjusted value.
Offer position
Max allowable offer
$1,110,977
Offer $/acre
$4,286/ac
Projected profit
$583,263
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-589778 | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 8,665 | 71 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 10,416 | 71 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 7,413 | 71 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 6,663 | 68 |
| IL-879328 | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 5,482 | 65 |
| IL-409744 | 697.8 | Oct 16, 2025 | $2,154,800 | 3,088 | 5,905 | 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.