2 Maple Lane

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2 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).

  • Vacant land parcel available for sale in Manhattan, Illinois.
  • Property is listed for an asking price of 109,900 dollars.
  • Located within the 60442 zip code in Will County.
  • Coordinates for this site are 41.4031 latitude and -87.9531 longitude.
  • This asset is suitable for new residential construction development projects.

What's Special

Constructing a residential property on this vacant parcel at 2 Maple Lane in Manhattan, Illinois, serves as a primary use case for this land. Positioned within Will County, this site benefits from the suburban atmosphere of a growing community in the greater Chicago metropolitan area. Its location provides access to regional transit routes and local services, making it a functional choice for individuals or builders looking to develop in a quiet, residential-focused market. The regional economy remains tied to the broader economic reach of Chicagoland, which supports steady interest in suburban development and expansion. Buyers seeking a straightforward land acquisition in a stable zip code will find this property well-suited for future housing plans or long-term investment holding. The quiet nature of this setting offers a contrast to more dense areas while maintaining proximity to essential infrastructure.

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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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