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1863 Waters Edge Dr - 0.92 acres Land Waters Edge Minooka IL 0.92 Acres of Residential Land Offered at $510,000 in Minooka, IL 60447
Executive Summary
WATERS EDGE DEVELOPMENT | MINOOKA, IL
PINs:
03-14-427-022 (0.28 Acres)
03-14-427-023 (0.32 Acres)
03-14-427-025 (0.32 Acres)
Lots 16, 17 & 18
Total Land Area: 0.92 Acres
Parcels may be purchased individually or as a package.
Rare opportunity to acquire three contiguous residential development parcels within the established Waters Edge community in Minooka, Illinois. The site is approved for 17 townhome units, with zoning and development approvals secured — allowing for immediate construction.
• Three contiguous lots within an established subdivision
• All zoning and development approvals secured
• Immediate development potential
• Located within a proven residential corridor
• Favorable supply-demand imbalance for new townhome product
Minooka continues to experience steady residential growth due to its strategic proximity to I-80 and I-55, convenient access to Joliet’s employment base, and expanding industrial and logistics development throughout Will County.
The area benefits from strong household income demographics, with approximately $122,000 median household income, and $288,600 Median property value with 94.3% homeownership rate which is higher than national average of 65%, reflecting long term neighborhood stability and sustained demand for quality housing.
Limited new townhome construction in the immediate market creates a competitive advantage for builders looking to deliver new product into an undersupplied segment.
Ideal for a builder or investor seeking a streamlined, ready to build residential project in a growing Southwest Suburban corridor with strong fundamentals and long-term demand drivers.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $510,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Price | $510,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.92 AC |
1 Lot Available
Lot 16,17,18
| Price | $510,000 | Lot Size | 0.92 AC |
| Price Per AC | $554,347.83 |
| Price | $510,000 |
| Price Per AC | $554,347.83 |
| Lot Size | 0.92 AC |
3 CONTIGUOUS DEVELOPMENT PARCELS WATERS EDGE DEVELOPMENT | MINOOKA, IL PINs: 03-14-427-022 (0.28 Acres) 03-14-427-023 (0.32 Acres) 03-14-427-025 (0.32 Acres) Lots 16, 17 & 18 Total Land Area: 0.92 Acres
Description
PINs: 03-14-427-022 (0.28 Acres) 03-14-427-023 (0.32 Acres) 03-14-427-025 (0.32 Acres) Lots 16, 17 & 18 Total Land Area: 0.92 Acres Parcels may be purchased individually or as a package. Rare opportunity to acquire three contiguous residential development parcels within the established Waters Edge community in Minooka, Illinois. The site is approved for 16–17 townhome units, with zoning and development approvals secured — allowing for immediate construction. • Three contiguous lots within an established subdivision • All zoning and development approvals secured • Immediate development potential • Located within a proven residential corridor • Favorable supply-demand imbalance for new townhome product Minooka continues to experience steady residential growth due to its strategic proximity to I-80 and I-55, convenient access to Joliet’s employment base, and expanding industrial and logistics development throughout Will County. The area benefits from strong household income demographics, with approximately $122,000 median household income, and $288,600 Median property value with 94.3% homeownership rate which is higher than national average of 65%, reflecting long term neighborhood stability and sustained demand for quality housing. Limited new townhome construction in the immediate market creates a competitive advantage for builders looking to deliver new product into an undersupplied segment. Ideal for a builder or investor seeking a streamlined, ready to build residential project in a growing Southwest Suburban corridor with strong fundamentals and long-term demand drivers.
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1863 Waters Edge Dr - 0.92 acres Land Waters Edge Minooka IL
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