4 Maple Lane

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4 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 parcel of land is located at 4 Maple Lane
  • This property is situated in the Manhattan area of Illinois
  • The total asking price for the site is 109900 dollars
  • Manhattan is a developing suburb within the Chicago metropolitan region
  • This land parcel offers a blank slate for residential development

What's Special

This parcel of land at 4 Maple Lane represents a development prospect in Manhattan, Illinois. Situated within Will County, this site provides a footprint for residential or custom project planning in a growing suburban market of the Chicago metropolitan area. The location benefits from the steady expansion of this region, which remains a draw for those seeking access to regional infrastructure while maintaining a distinct community atmosphere. Investors and builders can evaluate the site for its potential to serve specific residential needs as the local landscape evolves. Proximity to major transport corridors facilitates movement throughout the broader county and toward the city center, reinforcing the utility of this location for various development strategies. Its current state provides a blank slate for those looking to secure a foothold in an established residential corridor. Buyers should conduct their due diligence regarding local zoning and site requirements to determine the optimal use of this property in the 60442 ZIP code.

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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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