Comparable sales & offer analysis
Parcel IL-271314
Wayne County, IL · 1.55 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$19,300
Adjusted value
$24,338
Value range
$19,260–$29,416
Comp $/acre
$15,702/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.7% versus the adjusted value.
Offer position
Max allowable offer
$13,908
Offer $/acre
$8,973/ac
Projected profit
$7,302
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-671306 | 1.6 | Dec 18, 2025 | $19,000 | 12,233 | 12,640 | 86 |
| IL-790537 | 0.9 | Jul 8, 2026 | $16,700 | 18,769 | 18,829 | 84 |
| IL-801864 | 2.3 | Jul 27, 2026 | $16,000 | 6,907 | 10,316 | 84 |
| IL-391284 | 1.5 | Dec 4, 2024 | $18,200 | 11,997 | 17,668 | 78 |
| IL-243219 | 6.2 | Jul 1, 2025 | $89,400 | 14,466 | 18,720 | 65 |
| IL-503165 | 5.9 | May 10, 2025 | $68,300 | 11,493 | 12,686 | 63 |
| IL-863522 | 7.7 | Jun 3, 2026 | $132,700 | 17,237 | 18,448 | 62 |
| IL-393472 | 7.4 | Nov 23, 2024 | $107,700 | 14,521 | 19,227 | 59 |
| IL-343276 | 6.4 | Sep 1, 2025 | $61,100 | 9,482 | 14,204 | 59 |
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.