0 Schoolhouse Road

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0 Schoolhouse Road

Manhattan, IL 60442
Asking Price
Contact for price
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This farm property encompasses 75.76 acres of land.
  • The site is located at 0 Schoolhouse Road in Manhattan.
  • Will County provides a robust market for agricultural land investments.
  • The expansive acreage allows for versatile land use options.
  • This asset is currently positioned for sale in Illinois.

What's Special

Manhattan, Illinois, serves as a growing residential and agricultural corridor within the greater Chicago metropolitan area. This 75.76-acre farm parcel situated on Schoolhouse Road provides significant acreage for agricultural production or long-term investment strategies. The geography consists of expansive, open tracts characteristic of the region, which benefits from the steady economic expansion of Will County. Potential use cases for this land include large-scale commercial farming, long-term land banking, or development transition dependent on local zoning and municipal oversight. Its positioning allows for accessibility to established transit routes while maintaining the rural character defined by the surrounding prairie landscape. Investors seeking substantial land holdings in a developing market will find this location offers scalability and utility for various agricultural or capital appreciation initiatives.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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