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Listed by Liao Yingof Abacus Realty
$12,789,800
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12499098
Annual Tax Amount $11,537
Tax Year 2024
Lot Dimensions 2701 feet x 2435 feet
Property Sub-Type Land
Property Description
Prime 143.3-acre development site at a high-visibility corner in a rapidly growing Bourbonnais corridor and near the proposed Chicago South Suburban Airport. Composed of two parcels zoned B-1 and R-1, the property offers flexibility for residential, commercial, or mixed-use development. Features 2,701 ft and 2,435 ft of road frontage plus a serene 0.4-acre pond with trees on the south side. Previously platted and approved for 255 residential lots around a planned 20-acre lake, providing a strong foundation for a future master-planned or hybrid community vision; prior approval requires city review and re-approval for future new owners. Currently leased for crop production with top PI 126.6 and shed rentals, generating generous income while plans advance. A rare opportunity with scale, infrastructure access, and proven development viability-ideal for subdividers, builders, investors, or developers shaping the next major Bourbonnais community.
Location
State IL
County Kankakee
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Nearby
View Y/N true
Schools
School District 53, 53, 307
Others
Ownership Fee Simple
Special Listing Condition Standard
Virtual Tour https://youtu.be/I3NybE1J1TI
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com