Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Market Pl Manhattan, IL 60442

    • Commercial real estate
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US28-1523467
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Market Pl

    Year built
    2003
    Lot size
    0.18 lot acres
    Property type
    Commercial real estate
    APN
    14-12-17-101-024
    APU
    141217101024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $380,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $415,000
      Mixed-Use
      $360,000
      Hospitality
      $345,000
      Educational
      $430,000
      Residential Income
      $335,000
      Energy
      $335,000
      Income-Based Land
      $420,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Will
    State
    Illinois
    Longitude
    -87.9956
    Latitude
    41.4339
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,308
    $27,500
    $249,000
    $276,500
    -
    $82,500
    $747,000
    $829,500

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      52 And Bruns Rd

      Land • 10.00 Acres
      52 And Bruns Rd, Manhattan, IL 60442
      View Details
    • Value Estimation by Request
      1.00 Acre

      34N R 11E

      Land • 1.00 Acre
      34N R 11E, Manhattan, IL 60442
      View Details
    • Value Estimation by Request
      1.25 Acres

      Diane Way

      COMMERCIAL (GENERAL) • 1.25 Acres
      Diane Way, Manhattan, IL 60442
      View Details
    • Value Estimation by Request
      4,252 SF

      160 En St

      COMMERCIAL (GENERAL) • 4,252 SF
      160 En St, Manhattan, IL 60442-9139
      View Details
    • Value Estimation by Request

      530 Wn St Ste, Unit 103

      COMMERCIAL (GENERAL)
      530 Wn St Ste, Manhattan, IL 60442-8177
      View Details
    • Value Estimation by Request
      1.87 Acres

      Arabian Ave

      Land • 1.87 Acres
      0 Arabian Ave, Manhattan, IL 60442
      View Details

    Similar Nearby for Sale

    • $2,600,000
      6.00 Acres

      Manhattan Commercial Land - Route 52

      Prime 6-acre commercial lot, high visibility.
      0000 Rte 52, Manhattan, IL 60442
      View Details
    • $324,900
      1.00 Acre

      Manhattan Commercial Land - 1 Acre

      Prime Commercial Lot, High Visibility, $324,900
      34N R 11E, Manhattan, IL 60442
      View Details
    • $349,900
      10.00 Acres

      Route 52 & Bruns Rd Commercial Land

      10± Acres, Prime C-3 Zoning, Manhattan, IL
      52 And Bruns Rd, Manhattan, IL 60442
      View Details
    • Contact for pricing
      12.00 Acres

      Manhattan, IL Commercial Land

      12-acre commercial lot, prime location.
      0 Ivanhoe Blvd, Manhattan, IL 60442
      View Details
    • $150,000

      Sunset Lakes Build-Ready Lot

      Premium lot in Sunset Lakes, ready for your dream home.
      13745 W Memorial Dr, Manhattan, IL 60442
      View Details
    • $170,000
      0.38 Acres

      Vacant Land in Manhattan, IL

      0.38 acre vacant land in Sunset Lakes community.
      24232 S Bay To Bay Ct, Manhattan, IL 60442
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Market Pl
    Manhattan, IL 60442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.