Comparable sales & offer analysis
Parcel IL-995616
Wayne County, IL · 35.08 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$452,400
Adjusted value
$514,248
Value range
$396,861–$631,636
Comp $/acre
$14,659/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.0% versus the adjusted value.
Offer position
Max allowable offer
$293,856
Offer $/acre
$8,377/ac
Projected profit
$154,275
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-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 15,276 | 80 |
| IL-555587 | 34.4 | Jan 22, 2025 | $365,700 | 10,647 | 13,864 | 74 |
| IL-186349 | 59.6 | May 15, 2024 | $332,500 | 5,575 | 9,754 | 73 |
| IL-246387 | 61.3 | Dec 15, 2025 | $617,800 | 10,075 | 19,370 | 70 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 11,706 | 69 |
| IL-294581 | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 18,226 | 67 |
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.