52 Rte Manhattan, IL 60442
Current Use by Public Records
- Land
Property Details for 52 Rte
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 68-acre property presents a unique investment opportunity in the thriving Will County, Illinois market. Comprising two parcels (APN: 14-12-06-200-018-0000, 14-12-06-200-016-0000), this vacant farmland boasts a remarkable half-mile of frontage along Route 52/Manhattan Road, strategically positioned between the bustling cities of Manhattan and Joliet, Illinois. The land is currently zoned for agricultural use, offering significant potential for future commercial development. With a Soil Productivity Index (PI) of 124.3, the land possesses inherent agricultural value, adding to its overall appeal. Its prime location offers unparalleled access to major transportation arteries, including Interstates 80 and 55, ensuring seamless connectivity for businesses of all sizes. The area's blend of urban accessibility and suburban charm makes it an attractive location for a diverse range of commercial enterprises, from retail and industrial spaces to office developments. The proximity to Chicago provides access to a vast consumer base, while the lower operating costs compared to the city offer a significant competitive advantage. This property represents a rare chance to capitalize on the burgeoning commercial growth in the Joliet/Manhattan area, offering substantial potential for long-term investment returns. The asking price for this significant landholding is $2,816,000. Don't miss this opportunity to secure a prime piece of real estate in a rapidly developing region.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manhattan
- County
- Will
- State
- Illinois
- Longitude
- -88.0099
- Latitude
- 41.4645
