Spruce St Manteno, IL 60950
- Land
- 10.56 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spruce St
- Lot size
- 10.56 lot acres
- Property type
- Land
Description
This exceptional 10.56-acre commercial land parcel presents a prime investment opportunity in Manteno, Illinois. Strategically located with nearly 600 feet of frontage on I-57 and less than half a mile from the I-57 and Division Street interchange, this property boasts unparalleled visibility and accessibility. The site is comprised of two lots: Lot #2 (5.56 acres or 242,194 square feet) and Lot #3 (5 acres or 217,800 square feet), totaling 459,994 square feet. Zoned C-2, this land offers significant development potential. City water, sewer, and utilities are readily available, simplifying the development process. The property benefits from its location within the Kankakee County Enterprise Zone, potentially offering economic incentives. With over 32,700 vehicles passing daily on I-57, this location ensures high traffic volume and excellent exposure for any commercial venture. The asking price is $2,069,973, translating to $4.50 per square foot. The property's APN numbers are 03022110002200 and 03022110002300. This is a rare opportunity to acquire a fully developed commercial lot in a high-traffic area with excellent access to major transportation routes.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manteno
- County
- Kankakee
- State
- Illinois
- Longitude
- -87.8582
- Latitude
- 41.2451
