551 W Kennedy Road, Braidwood, IL 60408
551 W Kennedy Road, Braidwood, IL 60408
551 W Kennedy Road, Braidwood, IL 60408
551 W Kennedy Road, Braidwood, IL 60408
551 W Kennedy Road, Braidwood, IL 60408
551 W Kennedy Road, Braidwood, IL 60408
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Listed by Michael Klimekof Pillar Realty LLC
$ 1,900,000
Est. payment | /mo

105 Acres Lot


Save
$ 1,900,000
Est. payment | /mo
Save

105 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12625948

Annual Tax Amount $22,593

Tax Year 2024

Lot Size 105.000 Acres

Lot Dimensions 105AC

Property Sub-Type Land

Property Description

Rare opportunity to acquire approximately 105 acres in a TIF District located in Braidwood, Illinois featuring a 60 acre lake, a 9,800sf building, and multiple potential use cases for investors, developers, owner-users, and estate buyers. The property offers a unique combination of scale, water amenity, and flexibility, making it well suited for single-family residential development (103AC currently zoned R-1 and B-1 zone for building sites - both incorporated in City of Braidwood), a private estate setting, recreational use, commercial concepts, select industrial users, or a master plan with mixed-use concepts. The site can appeal to buyers seeking a large-scale residential development opportunity with lake-oriented lot potential, as well as those pursuing a private estate with substantial acreage and lake access. The property's scale and existing improvements also create optionality for users looking at commercial or industrial-adjacent uses, subject to zoning, approvals, and buyer due diligence. The offering includes a 9,800sf building for investment or owner-user use, and the building site may be carved out separately from the balance of the land. The building parcel is approximately 1.4 acres, leaving approximately 103.6 acres of remaining land, and the parcels are already on separate PINs, providing added flexibility for acquisition, disposition, or phased development. Subject to offers. One of the sellers is a licensed real estate broker, not affiliated with listing agency.

Location

State IL

County Will

Zoning SINGL

Rooms

Basement None

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available

View Y/N true

Schools

School District 255U, 255U, 255U

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

Serene Realty, Inc

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+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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551 W Kennedy Road