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    6000N Rd Manteno, IL 60950

    Sponsored
    For Sale
    $450,000

    Prime Commercial Land, I-57 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.11-acre commercial land parcel presents a unique investment opportunity in Manteno, Illinois. Strategically located just east of the I-57 Bourbonnais Parkway exit, this property benefits from the significant development spurred by the new interchange completed in November 2018. The Bourbonnais Parkway's central location between Bradley and Manteno provides easy access to a thriving mix of retail and residential areas. The property's zoning permits commercial development, making it ideal for a variety of uses. Its proximity to major employers like the expanding Nucor Steel and CSL Behring, along with Olivet Nazarene University and the Bradley Commons shopping center, ensures high visibility and strong potential for future growth. The parcel is identified by APN numbers 03-02-32-400-012 and 03-02-32-400-014. The asking price is $450,000, translating to approximately $109,489 per acre. This prime location, coupled with its size and accessibility, makes this an exceptional opportunity for developers seeking a foothold in a rapidly growing area. The address is E 6000N Rd, Manteno, IL 60950. This property offers significant potential for long-term return on investment.

    Property Features for 0 6000N Rd

    General Information

    Property type
    Land
    Lot Size
    179,032 SF

    HighLights

    • $450,000 asking price.
    • 4.11‑acre commercial land parcel.
    • Located in Manteno, IL, 60950, on E 6000N Rd.
    • APN: 03‑02‑32‑400‑012, 03‑02‑32‑400‑014.
    • $109,489 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manteno
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.7987027
    Latitude
    41.2070792

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, I-57 Access
    Where is this land located?
    The property is located at 6000N Rd Manteno, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price.; 4.11-acre commercial land parcel.; Located in Manteno, IL, 60950, on E 6000N Rd.
    (815) 929-9381
    Request Owner's contact information
    6000N Rd Manteno, IL 60950
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    Manteno, IL 60950
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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
    6000N Rd Manteno, IL 60950
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