100 AC Manhattan Twp Farm

Status:Active
County:Will
Township:Manhattan
Address:W Smith Road Manhattan IL 60442
Gross Land Area:100.00
 Hectare Conversion
Property Type:Vacant Farmland
Possible Uses:Agricultural Production, Possible Development
Total Investment:$1,950,000.00
 Monetary Conversion
Unit Price:$19,500.00
Productivity Index (PI):123.4
Buildings:No Buildings
Zoning:A-1, Agriculture


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.

 

** Under Contract **

100 AC Manhattan Twp Farm
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Property Overview

This 100 acre property is prime real estate for both agricultural production or possible development. For a larger investment, an additional 240 acres can be added to this site.  Located just outside the Village of Manhattan, IL.  There are no buildings and the land is generally flat to gently rolling.  The Village of Manhattan Comprehensive Plan shows planned growth and expansion of the area. Lincoln-Way High School Soccer fields are on the south side of Smith road. 

Manhattan, Illinois, has experienced remarkable growth over the years by blending the rich heritage of farming with modern development seamlessly. Amidst the suburban expansion, the village still preserves its agricultural roots, with vast farmlands and open spaces that offer a serene backdrop to the thriving community just 50 miles southwest of Chicago. As new residential and commercial developments take shape, the town remains committed to preserving its agrarian character, allowing residents to enjoy the best of both worlds. The coexistence of farming and development creates a unique charm, and with carefully planned, sustainable growth, Manhattan offers a harmonious lifestyle where residents can appreciate the beauty of the countryside while benefiting from the conveniences of a growing, dynamic community.

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Listing Details

 

General Information

Listing Name: 100 AC Manhattan Twp Farm.
Tax ID Number/APN: 14-12-11-300-003-0000
Possible Uses: Continued Agricultural or Residential Development
Zoning: A-1, Agriculture
 

Area & Location

School District: Manhattan SD 114 (P-8)
Lincoln Way SD 210 (9-12)
Location Description: This property is located off of Smith Road, between S Schoolhouse Road and S Kankakee Street, across from the Manhattan Soccer Fields in Manhattan Township, Will County, IL.
Site Description: This property is currently vacant and tillable farmland that has frontage on Smith Road in Manhattan, IL.
An Additional 240 acres is available for sale.
Side of Street: This property is located on the north side of Smith Road.
Highway Access: I-57 is located 12.3 miles to the east of the property while I-80 is located 7.8 miles to the northwest.
Road Type: Tar and chip road surface.
Property Visibility: This property is visible from Smith Road.
Largest Nearby Street: US Route 52 is located 3.3 miles directly west of the property and US Route 45 is located 2.8 miles directly east.
Transportation: The Manhattan Metra Station is located 4.3 miles away. Midway Airport is 37.9 miles away, while O'Hare Airport is 49.3 miles away.
 

Land Related

Lot Frontage (Feet): This property has approximately 1,654 feet of frontage on Smith Road.
Tillable Acres: All 100 acres are tillable on this property.
Buildings: No Buildings
Zoning Description: Comprehensive plan suggest residential development for this land. Currently zoned agriculture by Will County.
Flood Plain or Wetlands: Please see wetland maps provided by Surety Maps.
Topography: Please see topographical maps provided by Surety Maps.
FSA Data: This data is taken from a larger farm profile and is estimated for this brochure. 53% corn base, 47% soybean base.
PLC Corn Yield is 142 bushels per acre.
PLC Soybean Yield is 47 bushels per acre.
Soil Type: 232A Ashkum silty clay loam (35.1%)
146B Elliot silt loam (34.6%)
330A Peotone silty clay loam (7.8%)

For more information please see the soil map provided by Surety Maps.
Available Utilities: Sewer and Water are in close proximity to this parcel and available from the Village of Manhattan.
 

Financials

Finance Data Year: 2022 Taxes, Paid 2023
Real Estate Taxes: $3,800.92
Investment Amount: Asking price is $22,500 per acre for a total investment of $2,250,000. Seller is will consider adding another 240 acres to this offering.
 

Location

Address: W Smith Road, Manhattan, IL 60442
County: Will County



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.