Comparable sales & offer analysis
Parcel IL-409744
Wayne County, IL · 698 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,535,000
Adjusted value
$3,081,072
Value range
$2,339,494–$3,822,650
Comp $/acre
$4,415/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.7% versus the adjusted value.
Offer position
Max allowable offer
$1,760,612
Offer $/acre
$2,523/ac
Projected profit
$924,322
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-589778 | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 4,689 | 79 |
| IL-879328 | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 2,967 | 74 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 3,606 | 73 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 4,011 | 71 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 5,636 | 65 |
| IL-458377 | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 6,060 | 58 |
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.