IL
Will
Braidwood
60408
551 W Kennedy Road
551 W Kennedy Road, Braidwood, IL 60408
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Listing Type
Lots/Land
Listing Status
Active
15
$1,900,000

Home Details for 551 W Kennedy Road

Price
$1,900,000
Type
Land
Lot size acres
105
County
Will
Basement
None
MLS Listing#
12625948
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.

Property Features
  • Utilities
    • Natural Gas Available
    • Sewer Connected
    • Water Available
  • Basement
    • None
Listing Courtesy: Pillar Realty LLC - 708-997-4852
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-22 02:50:42. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-22 02:50:42
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