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551 W Kennedy Rd 105 Acres of Residential Land in Braidwood, IL 60408



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.
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
1 Lot Available
Lot
| Lot Size | 105.00 AC |
| Lot Size | 105.00 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 02-24-18-200-021 | Total Assessment | $194,255 |
| Land Assessment | $194,255 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2024 |
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
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551 W Kennedy Rd
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