551 W Kennedy Road

Braidwood, IL 60408

About this property

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.

Features and Additional Information

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$1,900,000 Active
0 sqft

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Pillar Realty LLC
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Area Information

Braidwood | Will County |

$ 1,900,000
This listing is play_arrow 581.0% higher than the average in the area
$ 279,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
134 days on site
This listing is play_arrow 7.6% below the average in the area
145 days on site in the area

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Listed By Michael Klimek
Brokerage: Pillar Realty LLC

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