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Investment Highlights

  • Rare 105± acre offering with multiple development and end-user possibilities
  • 9,800 SF building with potential for banquet, restaurant, bar, or event use. Second-generation kitchen already in place.
  • Ability to separate the building parcel from the larger land offering. Approx. 1.4± acre building parcels and 103.6± acre balance.
  • Approximately 60± acre private lake provides a highly differentiated feature for estate, residential, and destination-oriented uses
  • Flexible path for single-family residential development, private estate use, or commercial repositioning
  • Suitable for investors, developers, owner-users, and recreational or hospitality buyers.

Executive Summary

Rare opportunity to acquire approximately 105± acres in Braidwood, Illinois featuring a 60± acre private lake, a 9,800 SF 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, a private estate setting, recreational use, commercial concepts, or select industrial users. Prior marketing materials for the property referenced 104± acres, including a 60± acre sand-bottom lake, supporting the site’s distinct character and long-term development appeal.
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 exclusive 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 9,800 SF 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 sellers is a licensed real estate broker, not affiliated with Pillar Realty.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Single Family Development
Total Lot Size 105.00 AC
Zoning R1 & B1 - Single Family Residential and General Business Districts that are on separate PINs.

1 Lot Available

Lot

Lot Size 105.00 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
02-24-18-200-021
Land Assessment
$194,255
Improvements Assessment
$0
Total Assessment
$194,255
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 40026308

  • Date on Market: 4/3/2026

  • Last Updated:

  • Address: 551 W Kennedy Rd, Braidwood, IL 60408

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