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W Sweedler Road Manhattan, IL

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For Sale
$487,500

32-acre parcel near Manhattan, IL, with development potential.

Type:LAND
Lot size:
32.50 Acres
Added:
Aug 13, 2024
Days on Market:
597
Last Refresh:
Mar 29 at 9:46 pm

Property Features for W Sweedler Road

General Information

Standard status
Active
Lot size
32.50 Acres
Property subtype
LAND

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Listing Contact
Mark Goodwin
Mark Goodwin

Listing agent Mark Goodwin License #471003664

Listing office Goodwin & Associates Realestate

Listing date Aug 13, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Goodwin & Associates Realestate


Overview

Manhattan, IL Farmland Opportunity

A 32-acre parcel is available just outside the western city limits of Manhattan, IL, situated off the northeast intersection of Cherry Hill Road and W Sweedler Road. The property features a Soil PI of 117.9 and approximately 30.27 tillable acres, indicating rich and productive soil suitable for farming. In addition to its agricultural potential, the land presents a possibility for development, with continued single-family residential development occurring to the east and south. Plans are in place for a large warehouse complex spanning about 4,000 acres on the west side of Cherry Hill Road, directly across from W Sweedler Road. An approximately 10-acre connected parcel is also available and listed separately. Investing in farm and development land in Manhattan, IL, offers benefits due to the area's fertile soil and robust agricultural potential, making it ideal for farming ventures. Manhattan's strategic location near major highways and proximity to Chicago enhances its attractiveness for development projects. Investors can capitalize on the growing demand for suburban housing and commercial spaces, driven by the area's expanding population and economic growth. The local government’s supportive policies towards development and infrastructure improvements add to the potential for high returns on investment, making Manhattan, IL, a promising choice for both agricultural and real estate endeavors.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Map

City
Manhattan
County
Will
State
Illinois
Longitude
-87.9902
Latitude
41.4164

FAQs

What type of property is this?
Land - 32-acre parcel near Manhattan, IL, with development potential.
Where is this land located?
The property is located at W Sweedler Road Manhattan, IL.
What is the asking price?
The asking price for this property is $487,500.
What are key features of this property?
This property features: 30.27 Tillable Acres with HIGH Soil PI of 117.9; Development potential given proximity to residential areas; Potential for commercial development due to nearby warehouse complex
More about this property
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