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$360,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 58 N Locust St
General
- Price: $360,000
- Taxes: $5,244 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12786452
- Updated: 10/15/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Manteno
- County: Kankakee
- Driving Directions: Rt 50 to building on east side of 50.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Individual Furnaces
Structural Information
- Stories/Levels: 1
- Square Feet: 2,400
- Year Built: 1993
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 12,800
- Lot Dimensions: 80 x 160
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1993
- Tax Amount: $5,244
- Tax Year: 2025
Disclosures and Reports
- Property ID: 30222112002
Listed by McColly Bennett Real Estate
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Schools
Schools serving 58 N Locust St
School District:Manteno Community Unit School District 5
| Name | Grades | Distance |
|---|---|---|
Manteno Middle School 250 North Poplar Street, Manteno, IL 60950 | 5-8 | 0.6 mi |
Manteno Elementary School 555 West Cook Street, Manteno, IL 60950 | PK-4 | 0.7 mi |
Manteno High School 443 North Maple Street, Manteno, IL 60950 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58 N Locust St
Date
Details
Price
Change
Source
10/15/2026
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 58 N Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,244
-8%
$61,949
—
2024
$5,688
-6%
$61,949
—
2023
$6,056
-6%
$61,949
—
2022
$6,413
-1%
$61,949
—
2021
$6,506
-3%
$61,949
—
2020
$6,702
-1%
$61,949
—
2019
$6,748
2%
$61,949
—
2018
$6,612
1%
$61,949
—
2017
$6,568
4%
$61,949
—
2016
$6,314
2%
$61,949
—
2015
$6,216
—
$61,949
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 58 N Locust St
58 N Locust Street, Manteno, IL 60950 (MLS# 12786452) is a Commercial property. 58 N Locust Street is currently listed for $360,000 and was received on October 15, 2026. Want to learn more about 58 N Locust Street? Do you have questions about finding other Commercial real estate for sale in Manteno? You can browse all Manteno real estate or contact a Coldwell Banker agent to request more information.

