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Executive Summary

Exceptional opportunity to acquire approximately 26 acres of prime retail development land in the rapidly growing Village of Manhattan, Illinois. Strategically located within an expanding trade area, this site offers outstanding potential for retail, restaurant, service-oriented, and mixed-use commercial development.
Surrounded by new residential growth and increasing consumer demand, the property is ideally positioned to serve Manhattan's growing population while benefiting from convenient access to major transportation routes and surrounding communities.
Property Highlights
Approximately 26.0 acres available
Ideal for retail, restaurant, service retail, or mixed-use development
Development-ready site
Strong frontage and visibility
Excellent access and traffic exposure
Located within a high-growth residential market
Utilities available to the site or nearby (verify with municipality)
Flexible development potential
Growing consumer base and favorable demographics
Rare large-scale retail development opportunity in Manhattan
As Manhattan continues to experience significant residential and commercial growth, this property offers developers, investors, and end users the opportunity to establish a presence in one of the fastest-growing communities in the southwest Chicago suburbs.

Property Facts

Price $1,999,000 - $6,799,000
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Restaurant
  • Service Station
Total Lot Size 26.95 AC

2 Lots Available

Lot 1

Price $1,999,000
Price Per AC $333,166.67
Lot Size 6.00 AC

Exceptional opportunity to acquire approximately 6 acres of prime retail development land in the rapidly growing Village of Manhattan, Illinois.

Lot 2

Price $4,800,000
Price Per AC $240,000.00
Lot Size 20.00 AC

Surrounded by new residential growth and increasing consumer demand, the property is ideally positioned to serve Manhattan's growing population while benefiting from convenient access to major transportation routes and surrounding communities.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
14-12-17-100-005
Land Assessment
$12,886
Improvements Assessment
$0
Total Assessment
$12,886
  • Listing ID: 40792215

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 16040 Manhattan Rd, Manhattan, IL 60442

Contact the Sale Advisor

16040 Manhattan Rd - 26 Acres- Development Land

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