0 Manhattan Rd, Joliet, IL 60431
This exceptional 5.03-acre parcel of land, located on Manhattan Road in Joliet, Illinois (zip code 60431), presents a unique investment opportunity. Currently vacant and undeveloped, the property is zoned for agricultural use, offering considerable flexibility for future development. The lot's size provides ample space for a variety of commercial ventures. Its location in Will County, Illinois, offers convenient access to major transportation routes, making it particularly attractive for businesses requiring easy access to trucking routes or outdoor storage facilities. The property's APN is 07-26-201-013. The asking price for this significant landholding is $895,000. Serious inquiries are encouraged to explore the potential of this substantial property and its suitability for various commercial applications. Given its size and zoning, this land offers a compelling opportunity for investors seeking a substantial land acquisition in a strategic location. The property's latitude and longitude coordinates are 41.5119669 and -88.1827931 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.