Kankakee St Manhattan, IL 60442
- Land
- 39.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Kankakee St
- Lot size
- 39.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 39-acre agricultural property, located on S Kankakee Street in Manhattan, Illinois (zip code 60442), presents a unique investment opportunity. The land, identified by APN 14-12-26-300-007-0000, is zoned A-1 Agriculture and offers significant potential for both continued agricultural use and future industrial development. Situated near the Manhattan power plant, this sizable parcel boasts approximately 37 tillable acres, ideal for farming operations. The soil productivity index (PI) is rated at 123.1, indicating fertile and productive land. With its convenient frontage on S Kankakee Street in Will County, this property offers excellent accessibility. The asking price is $1,365,000, translating to $35,000 per acre. This represents a compelling opportunity for investors seeking a versatile land holding with strong potential for future growth and returns. The property's strategic location and substantial acreage make it an attractive prospect for a variety of uses, from continued agricultural production to potential industrial development projects. Don't miss this chance to acquire a significant land asset in a rapidly developing area.
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
- Manhattan
- County
- Will
- State
- Illinois
- Longitude
- -87.9388
- Latitude
- 41.4018
