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    34N R 11E Manhattan, IL 60442

    Sponsored
    For Sale
    $324,900

    Prime Commercial Lot, High Visibility, $324,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1-acre commercial lot, located in Manhattan, Illinois (Will County, zip code 60442), presents a unique investment opportunity. The property, identified by APN 1412074010080000, offers fee simple ownership and boasts excellent frontage, ensuring high visibility and a significant traffic count. Ideal for a variety of commercial ventures, this strategically positioned land benefits from its prime location within a high-traffic area. The lot's size provides ample space for development, making it suitable for businesses requiring substantial footprint. The asking price is $324,900. Additional lots are available for those seeking larger-scale projects. This property is situated at Sec 7 Twp 34N, R 11E, lot 3, and its coordinates are 41.4030848 latitude and -87.9530849 longitude. Don't miss this chance to acquire a highly visible and well-located commercial property in a thriving area.

    Property Features for 34N R 11E

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Manhattan, IL (Will County, 60442), APN 1412074010080000, fee simple ownership.
    • Excellent frontage with high visibility and significant traffic counts.
    • High‑traffic location ideal for various commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manhattan
    County
    Will
    State
    Illinois
    Longitude
    -87.9530849
    Latitude
    41.4030848

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Visibility, $324,900
    Where is this land located?
    The property is located at 34N R 11E Manhattan, IL.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: 1-acre commercial lot in Manhattan, IL (Will County, 60442), APN 1412074010080000, fee simple ownership.; Excellent frontage with high visibility and significant traffic counts.; High-traffic location ideal for various commercial ventures.
    (815) 939-1255
    Request Owner's contact information
    34N R 11E Manhattan, IL 60442
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    Manhattan, IL 60442
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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
    34N R 11E Manhattan, IL 60442
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