Property profile

507 State St Manhattan, IL 60442

OFF-MARKET
Commercial real estate
Property ID
US28-1055666
6,500 SF 2.88 ac lot Built 2002
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Total area 6,500 SF
Lot 2.88 ac (125,453 SF)
APN 14-12-20-220-024
UPID US28-1055666

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency

Location

507 State St Manhattan, IL 60442-8511
Manhattan metro Census 883509 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$320k

Owner & transaction history

since 2015
3 recorded transactions
2025
Price N/A
2015
$550,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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