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Property profile

52 And Benck Dr Manhattan, IL 60442

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering in Manhattan, Illinois presents a unique investment opportunity. Comprising five acres, the property is divided into four distinct commercial lots, each with its own individual asking price. Lot 2 is priced at $659,000, Lot 3 at $349,900, Lot 4 at $469,900, and Lot 5 at $469,900. The entire five-acre parcel is available for purchase at an asking price of $1,948,700. Strategically located at the intersection of Rt 52 and Benck Dr, in Will County, zip code 60442, this property boasts excellent frontage and high visibility, ensuring significant exposure to the high traffic volume of this busy thoroughfare. The lots are ideal for a variety of commercial developments, offering substantial potential for growth and return on investment. Individual lot purchases are possible, providing flexibility for investors with varying needs and budgets. This prime location and the potential for diverse commercial uses make this a compelling opportunity for discerning investors seeking a strong foothold in the thriving Manhattan market. The property's coordinates are 41.44392947798795 latitude and -88.00211453625407 longitude.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

52 And Benck Dr Manhattan, IL 60442
Manhattan 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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