Comparable sales & offer analysis
Parcel IL-597514
Wayne County, IL · 139 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$962,200
Adjusted value
$1,240,443
Value range
$909,386–$1,571,501
Comp $/acre
$8,942/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.4% versus the adjusted value.
Offer position
Max allowable offer
$708,825
Offer $/acre
$5,110/ac
Projected profit
$372,133
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-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 10,644 | 77 |
| IL-246387 | 61.3 | Dec 15, 2025 | $617,800 | 10,075 | 10,066 | 69 |
| IL-458377 | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 11,442 | 62 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 6,809 | 62 |
| IL-186349 | 59.6 | May 15, 2024 | $332,500 | 5,575 | 5,069 | 60 |
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.