Property profile

0 6000N Rd Manteno, IL 60950

OFF-MARKET
Land
4.11 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 4.11 ac (179,032 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6000N Rd Manteno, IL 60950
Manteno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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