7500 Il-50 Manteno, IL 60950
- Land
- 51.00 lot acres
Current Use by Public Records
- Land
Property Details for 7500 Il-50
- Lot size
- 51.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 51-acre agricultural property in Manteno, Illinois, presents a unique investment opportunity. Located at 7500 N Rt 50, Kankakee County, IL 60950, this fee simple land boasts significant road frontage along Route 50 and 2000E, providing unparalleled visibility and accessibility. The property's strategic location north of the Manteno Quarry ensures high traffic exposure, ideal for a variety of agricultural ventures. The land itself is characterized by high-quality soils, boasting a productivity index (PI) of 112.8, indicating fertile and productive land suitable for various farming operations. Current tenants are in place, demonstrating the property's established agricultural viability. With over 1600 feet of road frontage, this property offers substantial development potential and is zoned for agricultural use. The asking price for this remarkable opportunity is $3,825,000. This is a rare chance to acquire a substantial, high-performing agricultural tract in a prime location. The coordinates are 41.220848975896395 latitude and -87.84608047434105 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manteno
- County
- Kankakee
- State
- Illinois
- Longitude
- -87.8461
- Latitude
- 41.2208
