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Lots 16,17,18 Waters Edge Drive Minooka, IL 60447 Land - Residential New

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  • Lots 16,17,18 Waters Edge Drive , Minooka, IL 60447 Main Photo

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Description

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 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. 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.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.92 Acres
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

General Information

County: Grundy
High School: Minooka Community High School
Listed By:
Re/max Millennium 630-626-9858
MRED MLS
$510,000
Est. $3,272/mo
New to the Market New
LOT SIZE 0.920 acres MLS#12593000
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 111

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Lots 16,17,18 Waters Edge Drive , Minooka, IL 60447.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $510,000$510,000$510,000
Down Payment $102,000$17,850$127,500
Monthly Mortgage Amount $2,413$2,922$3,100
Taxes $710$710$710
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$224$0
Monthly Estimated Total $3,272$4,005$3,959

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