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    OFF-MARKET
    Land

    7500 Il-50, Manteno, IL 60950

    51 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 51 ac (2,221,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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