McBurney Equestrian Facility
| Status: | Sold |
| County: | Will |
| Township: | Manhattan |
| Address: | Kankakee and Smith Roads Manhattan IL 60442 |
| Gross Land Area: | 40 Acres |
| Hectare Conversion | |
| Property Type: | Farmland with Large farmhouse, barn, stable and new riding arena |
| Total Investment: | $755,000 |
| Monetary Conversion | |
| Unit Price: | $415,000 for house, buildings & 13 acres |
| Sold Price: | $710,000 |
| Productivity Index (PI): | 121.5 |
| Buildings: | Farmhouse with many outbuildings. |
| Utilities: | Sewer and water near site |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
- Easy access to transportation, Metra rail line in Manhattan & New Lenox and easy access to expressways I-55 and I-57
- Sewer and water are within one mile site
- Large 100 year old farmhouse and many buildings included
- Excellent facility for horse boarding and train. Large indoor riding arena and 9 stalls.
- 40 total acres can be split into 5 or 13 acres.
- Long term development opportunity in Manhattan
- Good road frontage at the corner at Kankakee and Smith Roads
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Property Notes
Road Frontage:
The property has ½ a mile of frontage on Smith road and 1/8 mile frontage on Kankakee road.
Tillable Acres:
35 tillable acres with a Productivity index (PI) of 121.5
Location:
Property is at the NW corner of Smith and Kankakee road. North and east of Manhattan Illinois.
Real Estate Taxes:
Tax ID# 14-12-10-400-011-0000
40 acres with buildings, $9,853.68 for 2012.
Buildings:
The property has an extensive set of farm buildings in very good condition. Stable and riding arena facility are less than 10 years old.
Typical square two story farmhouse in average condition with about 2300 square feet. 3 bedrooms on second floor.
Detached garage, (24X40)plus corn crib
Riding arena with four stalls, (60X144)
Storage shed (36X48) with 48X12 covered but open to paddock. Front Barn, (34X60) with five stalls and hay loft.
School District:
Lincoln-Way HS district and Manhattan grade school district.
Investment Amount:
$735,000 for all 40 acres and buildings, if you just wanted the building site and a few acres the asking price is $395,000 for the house, buildings and about 13 total acres. Possession given at closing.
Remarks:
The property is in the path of development. Horse facilities are in excellent condition. Sellers are willing to split off buildings with 13 acres. The Illiana expressway and Peotone airport are near this location, but do not affect this property.
Property Map
Listing Details
General Information |
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| Listing Name: | McBurney Farms 40 Acres, 13 acres or 5 acres. |
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| Tax ID Number/APN: | 14-12-10-400-011-0000 | |
| Possible Uses: | The current use is single family residential with equestrian facilities. Barn, newer storage shed could be used as a small business location. Long term development potential. | |
| Zoning: | Agriculture | |
| Sale Terms: | All cash. | |
Area & Location |
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| School District: | Lincoln-Way HS district and Manhattan grade school district. | |
| Location Description: | Property is at the NW corner of Smith and Kankakee road. North and east of Manhattan Illinois. |
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| Site Description: | 40 total acres in Section 10 of Manhattan Township, T.34N.-R.11E. Will County Illinois. |
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| Side of Street: | North side of Street | |
| Highway Access: | Easy access to expressways I-80, I-55, I-57 and the future Illiana. |
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| Road Type: | Paved surface | |
| Property Visibility: | Very good | |
| Largest Nearby Street: | Cedar road is less than one mile west. | |
| Transportation: | Metra station at both Manhattan and New Lenox. Easy access to I-55 or I-57. | |
Land Related |
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| Lot Frontage (Feet): | The property has ½ a mile of frontage on Smith road and 1/8 mile frontage on Kankakee road. |
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| Tillable Acres: | 35 tillable acres with a Productivity index (PI) of 121.5 | |
| Buildings: | The property has an extensive set of farm buildings in very good condition. Stable and riding arena facility are less than 10 years old. Typical square two story farmhouse in average condition with about 1800 square feet. 3 bedrooms on second floor. Detached garage (24X40) plus corn crib Riding arena with four stalls (60X144) Storage shed (36X48) with 48X12 covered but open to paddock. Front Barn (34X60) with five stalls and hay loft. |
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| Available Utilities: | Currently private septic system and well. | |
Financials |
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| Real Estate Taxes: | Tax ID# 14-12-10-400-011-0000 40 acres with buildings, $9,853.68 for 2012 |
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| Investment Amount: | $415,000 for house, buildings and 13 acres. (Includes the corner of Kankakee & Smith) $755,000 for all 40 acres and buildings. Possession given at closing. | |
Location |
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| Address: | Kankakee and Smith Roads | |
| County: | Will | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.