5 Maple Lane

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5 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 located in Manhattan, Illinois
  • Acquisition price set at 109,900 dollars
  • Positioned within the developing Will County market
  • Flexible asset suitable for various development strategies
  • Strategically located near major regional thoroughfares

What's Special

Manhattan, Illinois, serves as a growing residential and commercial corridor within Will County. This vacant land parcel at 5 Maple Lane provides a strategic foothold for investors or developers looking to capitalize on the region's steady development. The site offers flexible potential for those exploring future build-out options in a market that balances suburban character with accessibility to broader metropolitan infrastructure. With a listing price of $109,900, the property presents a straightforward acquisition for stakeholders interested in raw land holdings. Prospective users may consider various development applications consistent with local zoning and the surrounding neighborhood landscape, which continues to see incremental expansion and increased utility. The geography of Manhattan supports diverse small-scale commercial or residential projects, making this an entry point into the evolving local real estate sector. Its position within the community ensures it remains a viable candidate for long-term hold strategies or near-term site preparation.

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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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