Comparable sales & offer analysis
Parcel IL-398982
Wayne County, IL · 402 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,201,800
Adjusted value
$2,445,819
Value range
$1,806,037–$3,085,602
Comp $/acre
$6,087/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.0% versus the adjusted value.
Offer position
Max allowable offer
$1,397,611
Offer $/acre
$3,478/ac
Projected profit
$733,746
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 | 4,415 | 73 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 7,788 | 71 |
| IL-589778 | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 6,479 | 71 |
| IL-879328 | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 4,099 | 70 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 5,543 | 68 |
| IL-458377 | 259.2 | Jan 24, 2025 | $2,710,100 | 10,455 | 8,372 | 66 |
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.