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2850 S. Cedar Rd - 140 Acre Fritz Manhattan Development at Cedar 140 Acres of Commercial Land in Manhattan, IL 60442

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INVESTMENT HIGHLIGHTS

  • Property Type: Vacant farm land with development potential.
  • Nearby Attractions: Abraham Lincoln National Cemetery, Midewin National Tallgrass Prairie, Chicagoland Speedway, Route 66 Speedway.
  • Utilities: Provided by the City of Manhattan.
  • Development Potential: Residential development is possible; adjacent to existing subdivisions with utilities available from the Village of Manhattan.
  • Topography: Relatively flat to gently rolling.

EXECUTIVE SUMMARY

This 140-acre parcel, located at the intersection of Manhattan-Monee Road and Cedar Road in Manhattan, IL, offers prime development potential with all acres currently tillable and zoned A-1 agricultural. The property features 1,300 feet of frontage on Manhattan-Monee Road and 1,970 feet on Cedar Road, providing excellent visibility with approximately 10,000 cars passing daily. Utilities are available from the Village of Manhattan, and the site is adjacent to existing subdivisions, making it ideal for future residential development. Its strategic location near major highways, Metra rail service, and regional attractions ensures outstanding accessibility throughout the Chicagoland area. There are no buildings on the parcel, and the land is relatively flat, supporting a variety of development possibilities. For more information, contact Mark Goodwin at Goodwin & Associates Real Estate, LLC.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
  • Agricultural
Total Lot Size 140.00 AC
Zoning A-1 - Agricultural

1 LOT AVAILABLE

Lot

Lot Size 140.00 AC

This relatively flat to gently rolling 140-acre parcel is located near the intersection of Manhattan Monee Road and Cedar Road, east of Manhattan, IL and south of Joliet IL in Manhattan Township Will County, IL.

DESCRIPTION

140 total acres on the east-side of Manhattan. This relatively flat to gently rolling 140 acre parcel is located west of the corner of Manhattan-Monee Road and Cedar Road, east of Manhattan, IL. The parcel is adjacent to existing subdivision with utilities readily available from the Village of Manhattan. The property is 9.5 miles south of the Union Pacific Global IV Warehousing and Distribution center, 9.5 miles east of Centerpoint Intermodal in Elwood and southeast of Joliet. The Village of Manhattan is situated minutes from I-55, I-80 and I-57, with easy accessibility to the entire Chicagoland region. Metra rail provides service between Manhattan and downtown Chicago. The property is also located near the Abraham Lincoln National Cemetery, the Midewin National Tallgrass Prairie, as well as the Chicagoland and Route 66 Speedways.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-12-21-200-006
  • 14-12-21-200-003
Land Assessment
$67,474
Improvements Assessment
$0
Total Assessment
$67,474
  • Listing ID: 38857039

  • Date on Market: 12/22/2025

  • Last Updated:

  • Address: 2850 S. Cedar Rd, Manhattan, IL 60442

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