Comparable sales & offer analysis
Parcel IL-555587
Wayne County, IL · 34.35 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$362,100
Adjusted value
$418,379
Value range
$326,268–$510,491
Comp $/acre
$12,180/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.5% versus the adjusted value.
Offer position
Max allowable offer
$239,074
Offer $/acre
$6,960/ac
Projected profit
$125,514
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-995616 | 35.1 | Aug 11, 2025 | $483,600 | 13,786 | 11,823 | 77 |
| IL-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 12,497 | 75 |
| IL-246387 | 61.3 | Dec 15, 2025 | $617,800 | 10,075 | 15,848 | 70 |
| IL-294581 | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 14,912 | 67 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 9,579 | 67 |
| IL-186349 | 59.6 | May 15, 2024 | $332,500 | 5,575 | 7,983 | 62 |
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.