Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Kankakee St, Manhattan, IL 60442

    39 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 39 ac (1,698,840 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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Kankakee St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message