Ivanhoe Residential & Commercial Development

Status:Active
County:Will
Township:Manhattan
Address:Northeast corner of Rt. 52 & Bruns Road Manhattan IL 60442
Gross Land Area:49.2 Acres 36.4 platted SF lots & 12.8 Acres Commercial
 Hectare Conversion
Property Type:Zoned and Platted SF Lots and Commercial Corner
Possible Uses:Single Family Residential & Commercial
Total Investment:$1,084,340.00 or $840,000 for 112 Platted SF Lots & $244,340 for 12.8 Ac Commercial
 Monetary Conversion
Unit Price:Asking $7,500 per platted lot & $19,000 per acre for 12.86 acre of Commercial
Buildings:No buildings
Utilities:To the site
Zoning:R-1 Single Family & C-3 General Business District


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.

 

** Off Market **

Ivanhoe Residential & Commercial Development
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Property Overview

112 platted single family lots and 12.86 acres of commercial land in phase two of the  Ivanhoe development. Phase I is built with streets and utilities in place. Ivanhoe is located on the south side of Manhattan, Illinois with easy access to the Manhattan Metra station. The Metra station is less than a half a mile away, and the development is within walking distance to downtown Manhattan. The development is also within the boundary of the highly acclaimed Lincoln-Way High School District 210 and the Manhattan Grade School District. 

Manhattan is requiring additional work be completed before building permits would be issued for phase I. No homes have been built in phase I.  

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Will County Map

Property Map

Property Gallery

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Aerial Map of the Single Family Platted lots, Ivanhoe Development, Manhattan IL   
Aerial Map of the Single Family Platted lots, Ivanhoe Development, Manhattan IL

Commercial Corn of the Ivanhoe Subdivision, Will County, Manhattan Illinois   
Commercial Corn of the Ivanhoe Subdivision, Will County, Manhattan Illinois

Location Map for the Single Family Residential Subdivision, Manhattan, IL   
Location Map for the Single Family Residential Subdivision, Manhattan, IL

Single Family Platted Lots for Phase II of the Ivanhoe Development, Manhattan, IL   
Single Family Platted Lots for Phase II of the Ivanhoe Development, Manhattan, IL

12 Acre Commercial Corner of the Ivanhoe Development   
12 Acre Commercial Corner of the Ivanhoe Development

Ivanhoe Residential & Commercial Development, Manhattan, IL   
Ivanhoe Residential & Commercial Development, Manhattan, IL

Plat Map of Ivanhoe SF Development, Manhattan Township   
Plat Map of Ivanhoe SF Development, Manhattan Township
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

Final Plat of Unit One Ivanhoe Single Family Development   
Final Plat of Unit One Ivanhoe Single Family Development

Phase II Ivanhoe Development Single Family Lot Location   
Phase II Ivanhoe Development Single Family Lot Location

Commercial Corner at Rt. 52 & Bruns Road Ivanhoe Development   
Commercial Corner at Rt. 52 & Bruns Road Ivanhoe Development

Listing Details

 

General Information

Listing Name: Ivanhoe Single Family and Commercial Development
Possible Uses: 112 Platted Single Family Lots
12.86 acres of Commercial at the corner of Rt. 52 & Bruns road
Zoning: R-1 Single Family
C-3 General Commercial
Sale Terms: Cash at Closing
 

Area & Location

School District: Lincoln-Way High School District #210
Manhattan Grade School District #114
Location Description: South side of Manhattan with frontage along Rt. 52 and Bruns road.
Site Description: Single family development, phase I is completed with streets and utilities, phase II is platted and ready for development.
Side of Street: Northeast corner of Rt. 52 & Bruns road.
Highway Access: Frontage on Rt. 52 with easy access to I-57, I-55, I-80 and I-355
Road Type: US Highway
Property Visibility: Excellent
Transportation: Metra train station is less than half a mile from the development.
 

Land Related

Buildings: None
Zoning Description: R-1 Single Family
Ranch homes 1500 SF Minimum
Split level or two story homes 1800 SF Minimum
Minimum 50% basement of first floor Square footage
Flood Plain or Wetlands: Detention area has been constructed.
Topography: Level
Available Utilities: Sewer, water, gas and electric are at the site and available
 

Financials

Real Estate Taxes: Real estate taxes for 2013 payable in 2014 are:
Commercial 12.86 acres $17,818.98
112 Platted SF lots $51,818.94
Investment Amount: Ownership is asking:
$7,500 per platted lot
$19,000 per acre for the commercial 12.86 acres
Total Investment amount is $1,084,340
 

Location

Address: US Rt. 52 on the south side of Manhattan, Illinois. Will County
County: Will County Illinois
MSA: Chicago-Joliet



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
For more information about property for sale in Manhattan, Illinois (Manhattan Township, Will County) contact:

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.