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    670 9000N Rd Manteno, IL 60950

    Sponsored
    For Sale
    $500,000

    Prime 5-acre commercial lot with city utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel, located at 670 W 9000 N Rd in Manteno, Illinois (zip code 60950), presents a unique investment opportunity. Zoned for agricultural use, this fee simple property offers excellent frontage, making it ideal for a variety of commercial ventures. The APN is 03021840001500. Situated in Kankakee County, the property boasts convenient access to city sewer and water services, a significant advantage for potential developers. Its strategic location just west of a medical clinic and farmstead provides high visibility and potential synergy with existing businesses. While the property taxes are part of a larger tract, this presents an opportunity for cost-effective development. The expansive 5-acre lot provides ample space for construction and future expansion, catering to businesses requiring significant land area. This property is ready for your vision, offering a blend of accessibility, utility, and strategic positioning within a thriving community. The latitude and longitude coordinates are 41.2501551 and -87.8901638 respectively. This is a rare opportunity to acquire a sizable commercial lot in a desirable location.

    Property Features for 670 9000N Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $500,000 asking price.
    • 5‑acre commercial land parcel.
    • Located in Manteno, IL, Kankakee County (APN: 03021840001500).
    • Fee simple ownership.
    • Agriculture zoning.
    • Excellent road frontage, city sewer and water available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply HVAC Service Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manteno
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.8901638
    Latitude
    41.2501551

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot with city utilities.
    Where is this land located?
    The property is located at 670 9000N Rd Manteno, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 5-acre commercial land parcel.; Located in Manteno, IL, Kankakee County (APN: 03021840001500).
    (815) 939-1255
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    670 9000N 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
    670 9000N Rd Manteno, IL 60950
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