Property summary
This exceptional 80-acre commercial land parcel presents a unique investment opportunity in Manhattan, Illinois. Located in unincorporated New Lenox, this property boasts convenient access to major transportation arteries, including the Laraway Road Metra Station offering daily service to Chicago, and easy access to I-80 and I-355 via Route 30. Its strategic location places it just minutes from Silver Cross Hospital and within the highly-rated New Lenox School District 122, ensuring a strong community presence. The property's high traffic counts, with 8,500 vehicles daily on Cedar Road and 10,050 on Laraway Road, underscore its significant commercial potential. The parcel is identified by APN 15-08-33-200-002 and carries an annual tax burden of $5,757. Priced at $45,000 per acre, this offering represents a compelling value proposition for developers seeking a prime location with excellent infrastructure and accessibility. Detailed information and site plans are available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight