Comparable sales & offer analysis
Parcel IL-879328
Wayne County, IL · 516 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,209,000
Adjusted value
$3,038,013
Value range
$2,301,846–$3,774,181
Comp $/acre
$5,885/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.3% versus the adjusted value.
Offer position
Max allowable offer
$1,736,008
Offer $/acre
$3,363/ac
Projected profit
$911,404
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 | 4,121 | 78 |
| IL-589778 | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 6,047 | 74 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 4,651 | 74 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 7,269 | 66 |
| IL-458377 | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 7,816 | 65 |
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.