58 N Locust Street Manteno, IL $ 360,000
58 N Locust Street
$ 360,000
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58 N Locust Street

Manteno, IL, 60950
$ 360,000
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 2,486

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Commercial Property for sale in Manteno, IL

for $360,000. This 2,400 square foot building was built in 1993 on a lot size of 0.293848.

2,400 SF Multi-Tenant Retail Strip Center for Sale - Prime Route 50 Location in Manteno, IL Excellent investment opportunity along highly traveled Route 50 in Manteno, IL! This 2,400 SF single-story retail strip center offers outstanding visibility and frontage along a major commercial corridor. The 60' x 40' building is divided into three 800 SF units, each featuring 20' of storefront frontage and a private restroom. Currently occupied by two tenants, with one leasing 1,600 SF and the other occupying 800 SF, providing an opportunity for rental income. The building features wood-frame construction with a low-maintenance brick and vinyl exterior, along with an all-concrete front parking lot. The property may also offer potential for a drive-thru configuration, subject to municipal approvals. Ideally suited for investors seeking a multi-tenant retail property in a high-traffic location with excellent exposure and convenient access. Great opportunity to acquire a well-positioned commercial property in the growing Manteno market!

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Commercial Active

Price

$ 360,000

Property Type

Commercial

Taxes

$ 5,244

Style

Retail

Lot Size

0.293848

Year Built

1993

Town/City

Manteno

County/Region

Kankakee

MLS | Web ID

12786452

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1993
Electric Circuit Breakers Separate Meters
Stories Count 1
Tax Year 2025
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Kankakee
Net Operating Income 31156
Property Type Commercial Sale Retail/Stores
Status New
Directions Rt 50 to building on east side of 50.
City Manteno
Number Of Units Total 3
MLS Area Manteno
Lot Size Square Feet 12800
Tax Annual Amount 5244
Additional Parcels Y/N N
Leasable Area 2400
Standard Status Active
Cap Rate 8.65
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Exterior
Building Area Total 2400
Lot Dimensions 80x160
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* Excluded Features
List By
Mccolly Bennett Real Estate

Broker

jnugent@mccolly.com

Email

Affordability Calculator

$2,923
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,486
Monthly Property Taxes
$437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$360,000 Listed Price

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58 N Locust Street, Manteno, IL, 60950 is a Commercial Property for sale at $360,000 with 2,400 sqft and a lot size of 0.293848. 58 N Locust Street was built in 1993. The property's zip code is 60950 which is in Manteno, IL