Property summary
This exceptional 32-acre agricultural property, located at 16540 W Sweedler Rd, Manhattan, IL 60442 (APN: 14-12-19-100-004-0000), presents a unique investment opportunity. Zoned A-1 Agriculture, this parcel boasts a productive soil profile (PI 117.9) with approximately 30.27 tillable acres. Situated just outside Manhattan's western city limits, near the intersection of Cherry Hill Road and W Sweedler Road, the land benefits from its proximity to existing and planned developments. To the east and south, single-family residential areas are expanding, while a large, approximately 4,000-acre warehouse complex is planned across Cherry Hill Road. The property's strategic location offers significant potential for both continued agricultural use and future development, capitalizing on Manhattan's growth and its proximity to major transportation routes and Chicago. The asking price is $487,500, translating to $15,000 per acre. An additional, separately listed 10-acre parcel is also available. Manhattan, IL's fertile soil, robust agricultural sector, and supportive local government policies create a compelling investment environment for both farming and real estate ventures. This property offers a blend of immediate income potential and long-term development upside.
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