Comparable sales & offer analysis
Parcel IL-186349
Wayne County, IL · 59.65 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$402,100
Adjusted value
$587,941
Value range
$482,627–$693,256
Comp $/acre
$9,857/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.6% versus the adjusted value.
Offer position
Max allowable offer
$335,967
Offer $/acre
$5,632/ac
Projected profit
$176,382
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-246387 | 61.3 | Dec 15, 2025 | $617,800 | 10,075 | 12,115 | 82 |
| IL-995616 | 35.1 | Aug 11, 2025 | $483,600 | 13,786 | 9,038 | 78 |
| IL-515079 | 23.8 | Jul 21, 2026 | $229,300 | 9,648 | 9,553 | 74 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 9,116 | 72 |
| IL-555587 | 34.4 | Jan 22, 2025 | $365,700 | 10,647 | 8,673 | 65 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 12,810 | 63 |
| IL-554714 | 18.3 | Apr 3, 2025 | $221,100 | 12,118 | 7,322 | 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.