Listing provided courtesy of Pillar Realty LLCMREDas Distributed by MLSGrid- MLS# 12625948MLS Provider

551 W Kennedy RoadBraidwood, IL 60408

Vacant Land · 105.00 Acres
$1,900,000 Active

551 W Kennedy Road Overview

Time on Site:
69 days
Visits:
0

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.

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551 W Kennedy Road Facts & Features

  • Type Vacant Land
  • Lot 105.00 Acres

Details

General

School Information

  • School District: 255U

Business Information

  • Current Use: Commercial,Retail,Other

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Braidwood
  • Township: Reed

Tax Information

  • Tax Annual Amount: $22,593.28
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0224182000210000
  • Possible Use: Commercial,Recreational,Single Family
  • Property Type: Land
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None
  • Laundry Features: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 962
  • Frontage Type: City Street
  • Lot Size Acres: 105
  • Lot Size Dimensions: 105AC
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: Yes

General Information

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

551 W Kennedy Road Neighborhood

Community

60408 (Braidwood) Demographics

40
Median Age
730
Population Density (per sq. mile)
23%
College Educated
$73,451
Estimated Median Income
1,631
Estimated Total Home Owners
472
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

551 W Kennedy Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

551 W Kennedy Road Market Data

Based on the last 30 days in this zip code

$290,066
Average List Price
$169
Average Price per Square Foot
5
Properties Sold
58
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

551 W Kennedy Road History

Date Event Value Agent
4/26/2026Source: MRED Status Change
Active
4/21/2026Source: MRED Added to Database
April 21, 2026