Manhattan · Will County · IL
Homes for sale in
Ivanhoe.
- Active listings
- 2
- Median list
- $441K
- Avg time on market
- 107 days
- Sold · last year
- 8
Active listings
2 homes on the market
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About the community
A brand-new D.R. Horton neighborhood at the south edge of Manhattan.
Ivanhoe is a new-construction single-family subdivision on the south side of the Village of Manhattan, in Will County, built by D.R. Horton's Chicago division. Homes went up roughly 2022 through 2026, giving the neighborhood a uniform, modern character: open-concept plans, attached garages, brick fronts, and current energy and smart-home standards. It sits in a small, semi-rural town at the far southern edge of the Chicago metro, so the setting is quieter and more open than the built-up New Lenox and Frankfort corridor to the north, at a newer, higher price point that reflects the all-new inventory. As the community is essentially built out, most opportunities now are resales of these newer homes.
At a glance
New-construction homes
Single-family, four-bedroom D.R. Horton plans roughly 1,970 to 2,836 sq ft, built 2022 to 2026 with modern finishes.
Consistent modern build
Brick fronts, 9-foot first-floor ceilings, two- and three-car garages, and the builder's smart-home package.
District 114 and Lincoln-Way
Manhattan School District 114 for K-8 and Lincoln-Way District 210 for high school. Confirm by address.
Modest amenities
A playground, walking and nature trail, open green space, a soccer field, and scenic ponds. No pool or clubhouse.
Metra in town
Manhattan is the southern terminus of Metra's SouthWest Service line, with the station right in town.
Semi-rural setting
Quiet, open surroundings near the Midewin prairie and regional trails, at the south edge of the metro.
What’s close
Ivanhoe sits on the south side of Manhattan, a terminus town at the far southern edge of the Chicago metro, with a Metra station in town.
- Highway
- Access via I-80 (Exit 134 / Briggs Street) toward I-355 and the wider expressway grid, with US 52 through town.
- Train
- Manhattan is the southern terminus of Metra's SouthWest Service line, about 40 miles from Union Station. Service is commuter-oriented with a handful of trains each weekday.
- Schools
- Manhattan School District 114 for preschool through 8 (Wilson Creek, Anna McDonald, Manhattan Intermediate, Manhattan Junior High) and Lincoln-Way District 210, with Lincoln-Way West listed for high school. Confirm by address.
- Shopping
- Everyday retail in town and just north, with fuller shopping, dining, and entertainment in nearby New Lenox and Joliet.
- Recreation
- Close to Midewin National Tallgrass Prairie, the Wauponsee Glacial Trail, the Old Plank Road Trail, and Inwood Golf Course.
- Hospital
- Silver Cross Hospital in New Lenox is the nearest full-service hospital.
What it’s actually like to live here
Ivanhoe suits a buyer who wants a brand-new house with a modern, open floor plan but does not want to pay New Lenox or Frankfort prices for older stock. Because every home went up between roughly 2022 and 2026, the streetscape is consistent and low-maintenance: brick fronts, three-car garages on the larger plans, smart-home wiring, and warranties still in force. The four-bedroom, single-family mix skews the community toward growing families and buyers trading up for space, and the modest amenity set of playground, trail, ponds, and open green space fits Manhattan's quiet, small-town, semi-rural feel rather than a busy master-planned lifestyle.
The location is the classic far-exurb tradeoff. On the plus side you get more house and yard for the money, genuinely open surroundings near the Midewin prairie and multiple trails, a short hop to grocery and big-box shopping, and the unusual perk of a Metra station in town. Everyday retail is in town and just north, with the deepest shopping, dining, and medical resources a drive toward New Lenox and Joliet.
The honest tradeoffs are commute and convenience. Manhattan is the end of the line in every sense: the SouthWest Service runs only a few trains a day, so a daily downtown commuter is looking at a long, schedule-dependent trip, and many residents drive via I-80 and I-355. Will County property taxes run on the higher side for a newer subdivision with fresh school levies, which buyers should budget into the true monthly cost. For the right household this is a strong value: newer construction, solid District 114 schools, and a recognized District 210 high school, as long as buyers go in clear-eyed about commute times and choosing small-town quiet over walkable amenities.
The questions buyers actually ask
Ivanhoe FAQ
The questions I get most from buyers shopping Ivanhoe. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Ivanhoe has a homeowners association whose dues cover maintenance of the common areas, the walking trail, ponds, playground, and open green space. There is no pool or clubhouse. The builder does not publish the assessment and third-party figures are modest, so confirm the current dues and coverage with the listing agent or association.
- What are property taxes like?
- Roughly $9,000 – $13,000 per year, depending on home size and value. Will County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Who built Ivanhoe and when?
- Ivanhoe was built by D.R. Horton's Chicago division, a national production builder. Construction ran roughly from 2022 through 2026, so the entire community is new construction with modern floor plans. As it is now essentially built out, most opportunities are resales of these newer homes.
- What do homes cost in Ivanhoe and how is the market?
- This is new-construction product, so it sits toward the higher end of Manhattan's price range. Rather than quote a number that goes stale, check the live Market snapshot tiles on this page, which pull current active listings and recent sales directly from the MLS.
- What schools serve Ivanhoe?
- Grades preschool through 8 are in Manhattan School District 114, with Wilson Creek Elementary, Anna McDonald School, Manhattan Intermediate, and Manhattan Junior High. High school is Lincoln-Way District 210, with Lincoln-Way West listed as the assigned school. Confirm the exact high school by address, since district boundaries can change.
- Is there an HOA, and what does it cover?
- Yes, Ivanhoe has an HOA. Dues cover maintenance of the common areas, the walking trail, ponds, playground, and open green space, and there is no pool or clubhouse. The builder does not publish the figure, so confirm the current assessment with the listing agent or association.
- What kinds of homes are in Ivanhoe?
- All single-family and all new. The community offered a set of D.R. Horton four-bedroom plans, one- and two-story, roughly 1,970 to 2,836 sq ft, with two- and three-car garages, brick fronts, and a smart-home package.
- Can I commute to Chicago by train?
- Yes. Manhattan is the southern terminus of Metra's SouthWest Service line, with the station right in town, about 40 miles and roughly 70 minutes from Union Station. The schedule is limited, only a handful of trains each way on weekdays, so it works for a set commute but is not frequent all-day service. Many residents also drive via I-80 and I-355.
- Who is the real estate agent for Ivanhoe?
- Joe Keegan is the local licensed Illinois real estate broker who covers Ivanhoe in Manhattan, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Ivanhoe specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Ivanhoe
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Manhattan specialist
- Honest local market take
- Brokerocity
Market snapshot
Ivanhoe, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$441,490
Typical sale price · last 90 days
$454,990
Homes for sale right now
2
Avg time on market
107 days
Sold in the last year
8
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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Schools serving Ivanhoe
Where Ivanhoe homes go to school
Homes in Ivanhoe are most often zoned to Lincoln-Way West HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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