551 W Kennedy Road Braidwood, IL $ 1,900,000
551 W Kennedy Road
$ 1,900,000
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551 W Kennedy Road

Braidwood, IL, 60408
$ 1,900,000
Baths0.0

Monthly Estimate*

$ 11,699

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Studio

Lots and Land for sale in Braidwood, IL

for $1,900,000. The lot size is 105.

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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Lots and Land Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 22,593

Style

Commercial,Retail

Lot Size

105

Town/City

Braidwood

County/Region

Will

MLS | Web ID

12625948

Features
General
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Closing
Zoning SINGL
Township Reed
Tax Year 2024
Current Use Commercial Retail Other
Ownership Fee Simple
Additional Parcels Description 0224182010250000 0224182010260000
County Will
Property Type Land Land
Possible Use Commercial Recreational Single Family
Status New
Directions From I-55 head east on Kennedy Rd. The site is on the south side of the road before you reach Division street.
City Braidwood
High School District 255U
MLS Area Braidwood
Tax Annual Amount 22593.28
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 255U
Elementary School District 255U
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Interior
Basement None
Laundry Features None
Total Baths 0
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Exterior
Total Parking 0
Lot Dimensions Survey available
Lot Size Acres 105
Road Surface Type Asphalt
Frontage Length 962
Frontage Type City Street
Waterfront Y/N Y
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* Excluded Features
List By
Pillar Realty Llc

Broker

mike@pillarrealtor.com

Email

Affordability Calculator

$13,581
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$1,883
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564776 Elementary School
565124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$1,900,000 Listed Price

Map


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551 W Kennedy Road, Braidwood, IL, 60408 is a Lots and Land for sale at $1,900,000 with a lot size of 105. 551 W Kennedy Road is a studio with 0.0 baths. The property's zip code is 60408 which is in Braidwood, IL