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    OFF-MARKET
    Land

    0 6000N Rd, Manteno, IL 60950

    4.11 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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