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Land · Braidwood, IL
$1,900,000
beds · baths
551 W Kennedy Road, Braidwood, IL, 60408
A brick-and-mortar place to make your own — room to make it home.
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What’s special

105.00-acre lot
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.
— the listing agent’s description

The home

105.00-acre lot
Land

What it’ll cost

$22,593 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$12,539/mo
Principal & interest$10,102
Property taxes$1,883
Homeowners insurance$554
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Jun 3
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Jun 5
SAT
Jun 6
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7 days on dwello
Price history
Listed for sale
Apr 22, 2026
$1,900,000
Property taxes
2025
Annual tax bill (MLS)
$22,593/yr
From county records — verify with the assessor.

Schools nearby

Reed-Custer Elementary School · 0.3 mi
Reed-Custer High School · 1.1 mi
Reed-Custer Middle School · 1.1 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Michael Klimek · Pillar Realty LLC
Listing last updated Apr 27, 2026 · data refreshed from the MLS Jun 17, 2026, 6:13 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:13 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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