33 Maple Lane

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33 Maple Lane

Manhattan, IL 60442
Asking Price
$120K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Vacant land parcel situated in Manhattan, Illinois.
  • Property is listed for sale at 119,900 dollars.
  • Strategic location within an expanding suburban residential corridor.
  • Suitable for various residential or small-scale commercial applications.
  • Site offers potential for diverse development and investment strategies.

What's Special

Manhattan, Illinois, serves as a growing residential and commercial corridor within the southern Chicago suburbs, characterized by a steady influx of development and convenient access to regional transportation networks. This parcel of land located at 33 Maple Lane offers a clear development footprint for those seeking to establish a presence in a stable, expanding community. With favorable site dimensions, the plot is suitable for a variety of project scopes including residential construction or potential small-scale commercial ventures, depending on local municipal ordinances and zoning requirements. The surrounding area maintains a balance between established infrastructure and open space, providing a quiet setting for prospective buyers looking to capitalize on the region's long-term growth trajectory. Proximity to major local thoroughfares ensures that residents and business occupants remain connected to the broader Chicago metro area, supporting diverse investment strategies ranging from speculative development to purpose-built projects.

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NOI
$80,000
Cap Rate
66.72%
DSCR
11.24
Strong
Cash-on-Cash
202.62%
Monthly Payment
$593.2
Annual Cash Flow
$72,881.603

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