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    26811 S Kankakee St Manhattan, IL 60442

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    For Sale
    $1,365,000

    39 acres of vacant farmland with industrial development potential.

    Lot size:
    39.00 Acres

    Property Features for 26811 S Kankakee St

    General Information

    Lot size
    39.00 Acres

    Source: Goodwin & Associates Realestate Agent Mark Goodwin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    39 Acres Vacant Farmland

    This 39-acre vacant farmland property is located near the Manhattan power plant and offers potential for industrial development. The property features frontage on S Kankakee Street and a Soil Productivity Index (PI) of 123.1. Approximately 37 acres are tillable, making it suitable for continued agricultural production. The property's location and characteristics also suggest possible industrial development opportunities.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Kitchen & Bath Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Will
    State
    Illinois
    Longitude
    -87.9409762
    Latitude
    41.4007939

    Nearby Similar for Sale

    • $3,650,000
      131,920 SF

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    FAQs

    What type of property is this?
    Land - 39 acres of vacant farmland with industrial development potential.
    Where is this land located?
    The property is located at 26811 S Kankakee St Manhattan, IL.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: - 39 Acres of Vacant Land offering industrial development potential; - Frontage on S Kankakee Street; - Soil PI of 123.1
    (815) 741-2226
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26811 S Kankakee St Manhattan, IL 60442
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