8871 N 5000e Rd Manteno, IL 60950
Estimated payment $3,724/month
About This Lot
Rarely available 24.5-acre parcel just 50 minutes from Chicago - a private, build-ready setting with multiple improvements already in place. This secluded property checks every box for a custom retreat, equestrian estate, or hobby farm. A scenic 1-2 acre pond with bridge anchors the landscape, while gently rolling terrain and mature trees create a picturesque natural backdrop. Major Improvements & Features 100 new trees planted throughout the parcel for future privacy and shade Three existing structures on site Both barns professionally spray-foam insulated (approx. $47,000 invested) Both barns professionally painted Four water sources on the property - two are active with electrical power Third structure framed to become a 3-story residence (excellent start for a custom home build) Approx. 12 tillable acres currently farmed Home site set on a subtle hill surrounded by mature trees Horses welcome Building Dimensions (approx.) Corn crib: 36' 45' Barn/garage: 48' 75' Barn with brick floor: 24' 85' Utilities & Access Electric located at the property from both road frontages Capped well onsite Road access from two sides Tax Note Current tax bill reflects the former 84-acre parcel. Property has been subdivided into a 24.5-acre parcel with two new PINs, and taxes will adjust accordingly. A rare offering combining acreage, infrastructure, and natural beauty - ready to host your vision. Don't miss the opportunity to create your dream property.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,524
Additional Features
- Additional Parcels
- Farm
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,258 | $47,023 | $39,376 | $7,647 |
| 2022 | $4,106 | $42,968 | $35,716 | $7,252 |
| 2021 | $3,846 | $39,648 | $32,563 | $7,085 |
| 2020 | $3,658 | $36,572 | $29,670 | $6,902 |
| 2019 | $3,418 | $33,882 | $27,092 | $6,790 |
| 2018 | $3,099 | $31,358 | $24,709 | $6,649 |
| 2017 | $2,869 | $29,230 | $22,624 | $6,606 |
| 2016 | $2,570 | $27,091 | $20,630 | $6,461 |
| 2015 | $2,346 | $25,056 | $18,773 | $6,283 |
| 2014 | $2,136 | $23,871 | $17,588 | $6,283 |
| 2013 | -- | $22,609 | $16,326 | $6,283 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $670,000 | -- | $168 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $340,000 | Kankakee Title | |
| Deed | $765,492 | Kankakee County Title | |
| Deed | -- | Alford Bruce |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $574,119 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12497369
APN: 02-03-19-100-001
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