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Manhattan, IL, 60442 • 60442 • Will County
16.9 acLot
Waterfront Property
Direct water access
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Back of Property
This home is getting attention
Listed 48 days ago · 564 views · 21 saves
Demand and pricing signals for this listing
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21 saves
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48 days on market
Established listing
This home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.
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Lot
Your Dream Horse Farm is Finally Here! Rarely available income-producing property offering significant upside potential for investors and equestrian business operators. This 16.87-acre ranch is already equipped with the infrastructure needed to operate a high-capacity boarding, training, or lesson facility. The property features a total of 43 horse stalls, including 36 insulated 10x10 stalls designed for year-round boarding income. The 60 x 130 indoor arena is fully upgraded with new electrical, spray foam insulation, and corrugated galvanized steel panels-allowing for uninterrupted operation in all seasons. Additional amenities include four tack rooms and a heated wash area accommodating two horses, enhancing service offerings and revenue potential. A separate outbuilding provides seven additional stalls, creating immediate expansion opportunities or flexibility for premium boarding tiers. The property is fully enclosed with electric fencing, offers water access, and includes a newly completed septic system. The outdoor arena is equipped with cattle panels and ready for immediate use along with a rodeo arena! With substantial existing infrastructure in place, this property presents a turnkey opportunity to generate boarding, training, event, and lesson income, or to develop further for increased returns. Whether expanding an existing equestrian portfolio or launching a new venture, this asset offers scale, functionality, and long-term growth potential!
Standout features identified
Our analysis highlights rodeo arena and water access as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $960,000 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Manhattan, IL, 60442
2 events
14 years of records
Local context around this listing
Manhattan, IL • Will County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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