1 Maple Lane

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1 Maple Lane

Manhattan, IL 60442
Asking Price
$110K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The subject property is located at 1 Maple Lane in Manhattan, Illinois.
  • This asset is currently listed for sale at a price of $109,900.
  • The land is positioned within the expanding Will County commercial landscape.
  • Coordinates for the parcel are identified at 41.4031 latitude and -87.9531 longitude.

What's Special

Manhattan, Illinois, serves as a growing residential and commercial corridor within Will County. This parcel of land located at 1 Maple Lane positions an owner within a region known for its steady expansion and accessibility to the broader Chicago metropolitan area. Development in this submarket often caters to the increasing demand for suburban infrastructure and utility-supported projects. Given its current land designation, this site provides a blank slate for various development strategies, potentially serving residential, light commercial, or investment-grade site applications depending on local regulatory alignment. Investors and developers seeking to establish a footprint in this developing community will find the location well-situated for long-term growth and regional connectivity. The property benefits from its placement in a quiet yet developing sector of the municipality, offering prospective owners a straightforward opportunity to pursue land-based capital appreciation or future project-specific utility.

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NOI
$80,000
Cap Rate
72.79%
DSCR
12.26
Strong
Cash-on-Cash
222.86%
Monthly Payment
$543.725
Annual Cash Flow
$73,475.297

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