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W Sweedler - 32 AC Manhattan Township Farm
32 Acres of Commercial Land Offered at $691,017 CAD in Manhattan, IL 60442
Investment Highlights
- Development potential
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per AC (CAD) |
---|---|---|
Taxes | $1,412 | $44.12 |
Operating Expenses | - | - |
Total Expenses | $1,412 | $44.12 |
Financial Summary (Actual - 2022)
Taxes (CAD) | |
---|---|
Annual | $1,412 |
Annual Per AC | $44.12 |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per AC | - |
Total Expenses (CAD) | |
---|---|
Annual | $1,412 |
Annual Per AC | $44.12 |
Property Facts
Price | $691,017 CAD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Agricultural |
No. Lots | 1 | Total Lot Size | 32.00 AC |
Property Type | Land |
Price | $691,017 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Agricultural |
Total Lot Size | 32.00 AC |
1 Lot Available
Lot
Price | $691,017 CAD | Lot Size | 32.00 AC |
Price Per AC | $21,594 CAD |
Price | $691,017 CAD |
Price Per AC | $21,594 CAD |
Lot Size | 32.00 AC |
A 32 acres parcel on the west side of Manhattan, IL city limits. Some floodplain, good soils, excellent road frontage.
Description
A 32 acre parcel available just outside the western Manhattan, IL city limits, located off the northeast intersection of Cherry Hill Road and W Sweedler Road. It has Soil PI of 117.9 and approximately 30.27 tillable acres. While the current farm has rich and productive soil, there is also a possibility for development with continued single family residential development just to the east and south of the property. There are also plans of a large warehouse complex that would span about 4,000 acres on the west side of Cherry Hill Road directly across from W Sweedler Road. An approximately 10 acre connected parcel, listed separately, is also available. Investing in farm and development land in Manhattan, IL offers numerous benefits. The area is known for its fertile soil and robust agricultural potential, making it ideal for farming ventures. Additionally, Manhattan's strategic location near major highways and proximity to Chicago enhances its attractiveness for development projects. Investors can capitalize on the growing demand for suburban housing and commercial spaces, driven by the area's expanding population and economic growth. Moreover, the local government’s supportive policies towards development and infrastructure improvements add to the potential for high returns on investment, making Manhattan, IL a promising choice for both agricultural and real estate endeavors.
zoning
Zoning Code | A-1 Agriculture |
A-1 Agriculture |
Presented by
W Sweedler - 32 AC Manhattan Township Farm
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