Comparable sales & offer analysis
Parcel IL-503165
Wayne County, IL · 5.94 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$75,100
Adjusted value
$91,790
Value range
$72,515–$111,065
Comp $/acre
$15,453/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$52,452
Offer $/acre
$8,830/ac
Projected profit
$27,537
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-243219 | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 17,955 | 82 |
| IL-863522 | 7.7 | Jun 3, 2026 | $132,700 | 17,237 | 17,695 | 80 |
| IL-343276 | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 13,624 | 75 |
| IL-801864 | 2.3 | Jul 27, 2026 | $16,000 | 6,907 | 9,895 | 69 |
| IL-393472 | 7.4 | Nov 23, 2024 | $107,700 | 14,521 | 18,441 | 69 |
| IL-294581 | 16.6 | Jan 16, 2026 | $154,600 | 9,332 | 18,066 | 62 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 11,603 | 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.
