Property summary
This exceptional 10-acre agricultural property in Manhattan, Illinois, presents a unique investment opportunity. Located in the desirable Lincoln-Way High School district, this parcel boasts a rich soil profile (PI of 122.3) with approximately 8.98 tillable acres, ideal for farming operations. The property's A-1 agricultural zoning allows for continued agricultural use. However, its strategic location just outside the western city limits, near the intersection of Cherry Hill Road and W Sweedler Rd (APN: 14-12-19-100-023-0000), offers significant potential for future development. Surrounding areas are experiencing growth in single-family residential construction, suggesting strong potential for future rezoning and development. The property is priced at $220,000, or $20,618 per acre. Note that an adjacent, separately listed 32-acre parcel is also available. Manhattan's location near major highways and its proximity to Chicago provide excellent access to transportation and markets, making this property attractive for both agricultural and development ventures. The area's strong economic growth and supportive local government policies further enhance its investment appeal. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight