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  • Price cut: $20K (1/16)
    $650,000

    8871 N 5000e Rd, Manteno, IL 60950

    --beds
    --baths
    24.5Acres
    Unimproved Land, Farm
    Built in ----
    24.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Gently rolling terrainPrivate build-ready setting
    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.
    174 days
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    370
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    13
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    Zillow last checked: 7 hours ago

    Listing updated: January 27, 2026 at 10:07pm

    Listing courtesy of:

    Austin Frieder 312-319-1168,

    Compass,

    Antonio Valencia 773-885-4271,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12497369MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 770
      Lot
      • Size: 24.5 Acres
      Details
      • Additional parcels included: 03191000010000
      • Parcel number: 02031910000700
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: Water Nearby

      Community & HOA

      Location
      • Region: Manteno

      Financial & listing details

      • Annual tax amount: $2,524
      • Date on market: 10/16/2025
      • Ownership: Fee Simple
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,330/mo

        Price history

        Price history
        DateEventPrice
        1/16/2026Price change$650,000-3%
        Source: MRED as distributed by MLS GRID #12522777 Report a problem
        10/25/2025Price change$670,000-4.3%
        Source: MRED as distributed by MLS GRID #12497369 Report a problem
        10/16/2025Listed for sale$700,000+105.9%
        Source: MRED as distributed by MLS GRID #12497369 Report a problem
        10/29/2024Sold$340,000-1.2%
        Source: MRED as distributed by MLS GRID #12079798 Report a problem
        9/23/2024Pending sale$344,000
        Source: MRED as distributed by MLS GRID #12079798 Report a problem
        9/18/2024Price change$344,000-6.8%
        Source: MRED as distributed by MLS GRID #12079798 Report a problem
        8/12/2024Price change$369,000-6.6%
        Source: MRED as distributed by MLS GRID #12079798 Report a problem
        6/13/2024Listed for sale$395,000
        Source: MRED as distributed by MLS GRID #12079798 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 60950

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 5

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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