10 Acres W Baker Road

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10 Acres W Baker Road

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

AI Property Summary

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

  • The parcel encompasses 10 acres of land in Manhattan.
  • This residential asset is situated at W Baker Road.
  • The property is located within the 60442 ZIP code.
  • The site supports development for private residential project plans.
  • The land is positioned within the greater Chicago metropolitan market.

What's Special

Developing a custom residential estate is the primary use for this 10-acre parcel on W Baker Road in Manhattan, Illinois. Situated within Will County, this site offers significant space for private residential projects, allowing for expansive layouts or multi-generational planning in a quiet, rural-adjacent setting. The property is positioned to take advantage of the growing suburban landscape of the Chicago metropolitan area, balancing access to essential regional transit routes with the privacy afforded by its acreage. Investors and buyers looking for land in the 60442 ZIP code will find this location suitable for long-term land holding or residential development. The terrain supports flexible site planning for those seeking to build in a market characterized by steady interest in spacious suburban plots. Its proximity to neighboring municipal hubs ensures that residents remain connected to the broader regional economy while maintaining the seclusion of a ten-acre residential tract.

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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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