Comparable sales & offer analysis
Parcel IL-589778
Wayne County, IL · 715 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,249,900
Adjusted value
$5,002,503
Value range
$3,601,802–$6,403,204
Comp $/acre
$6,994/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.9% versus the adjusted value.
Offer position
Max allowable offer
$2,858,573
Offer $/acre
$3,997/ac
Projected profit
$1,500,751
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-409744 | 697.8 | Oct 16, 2025 | $2,154,800 | 3,088 | 5,322 | 76 |
| IL-879328 | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 4,940 | 68 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 6,005 | 68 |
| IL-458377 | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 10,091 | 66 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 6,681 | 62 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 9,387 | 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.