Financial
Distress signals
Property profile

465 Mulberry St 3 Manteno, IL 60950

FOR LEASE
Other commercial real estate
Property ID
US28-0226589
Last sale Aug 2025 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 1,800-square-foot flex/commercial unit at 465 Mulberry Street, Unit #2, constructed in 2005, featuring an open interior layout that can be arranged to support different business workflows. The unit includes a private office and a restroom, and has an overhead door for access. The property provides on-site parking and direct access for employees, customers, and deliveries. It is located in Manteno along a commercial corridor near restaurants, retail, fuel stations, and essential services, with regional access via Interstate 57 and proximity to the Chicago area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$79k
Assessed land$7k
Assessed improvement$72k
Effective rate8.95%

Value estimate

· Sep 2026
$280k
$252k – $308k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANKAKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.6
HVAC Service9.1
Auto Parts Store8.9

Location

465 Mulberry St, Unit 3 Manteno, IL 60950
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Locust, Manteno, IL 60950-1218 $400,000 Aug 2025 No data
110 Mcguire, Manteno, IL 60950-1544 $135,000 Jun 2025 No data
450 Locust, Manteno, IL 60950-1225 $349,000 Mar 2025 No data
501 Locust, Manteno, IL 60950-1654 $445,000 Mar 2025 No data
615 Locust, Manteno, IL 60950-1228 $150,000 Mar 2025 No data
450 Spruce, Manteno, IL 60950-9415 $450,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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