1024 Lincoln DrManteno, IL 60950

  • Commercial land
  • 0.41 AC
For Sale
$100,000 View listing

Property Details for 1024 Lincoln Dr

Lot size
0.41 AC
Property type
Commercial land
APN
03-02-16-300-047
APU
30216300047

Description

This exceptional 0.46-acre commercial land parcel, located at 1024 Lincoln Dr in Manteno, Illinois (zip code 60950), presents a unique investment opportunity. Situated in Kankakee County, this property boasts a sizable 20,037 square feet of land, ideal for various commercial developments. The asking price is $100,000. The property is conveniently located just west of a shared parking lot, offering existing parking and the potential to expand parking further by developing the adjacent lot to the east. This strategic positioning ensures excellent visibility and accessibility for any future business. Annual property taxes are $1,520. The property's latitude and longitude coordinates are 41.250818 and -87.855435 respectively. This is a blank canvas ready for your vision, offering significant potential for growth and return on investment. Don't miss this chance to acquire a prime commercial lot in a thriving Illinois community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,582,986
    Hospitality
    $6,029,980
    Educational
    $5,016,872
    Medical
    $5,189,410
    Retail
    $7,804,024

Location Insight

City
Manteno
County
Kankakee
State
Illinois
Latitude
41.2508
Longitude
-87.8554
CBSA code
28100
CBSA name
KANKAKEE-BRADLEY, IL 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
$1,435
$14,674
-
$14,674
-
$44,022
-
$44,022

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