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
    Commercial real estate

    465 Mulberry St, Manteno, IL 60950-9280

    Entity Owned Free & Clear
    Property ID
    US28-0226589
    Property summary
    AI-generated overview

    This exceptional Manteno property offers a unique blend of commercial and residential space, ideal for owner-occupancy or investment. The 6,144 square foot building sits on a generous 1.15-acre lot and features two separate commercial units. One unit, measuring 2,000 square feet, is currently leased until May 2024. This unit boasts two overhead doors, providing ample access for various uses, and includes a private restroom with a shower. The second commercial unit, spanning 1,800 square feet, is leased until May 2025 and features an office, a private restroom, and one overhead door. The residential component of the property is approximately 1,500 square feet, complemented by a large garage with an overhead door and mezzanine storage. This residential area includes two bedrooms and two and a half bathrooms and could easily be converted into additional office space. A separate 225-square-foot heated and air-conditioned outbuilding provides extra space, potentially suitable for an office or additional bedroom. The property benefits from 230 Amp single-phase electric service and internet access. The commercial spaces are clean and well-maintained, conveniently located with easy access to major roads and highways. The large grassy yard offers potential for expansion of parking. Village water and sewer services are available. This property presents a rare opportunity to combine living and working in one location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 03-02-26-201-229
    UPID US28-0226589
    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
    Mulberry Investment Properties LLC
    Mulberry Investment Properties LLC
    since 2025
    Last sale
    $500,000
    7 recorded transactions
    2025
    $500,000
    2024
    2024
    2024
    2021
    $299,000
    2018
    $271,000
    2017
    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 465 Mulberry 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