For sale
$1,900,000
Est. $12,375/mo
Land
105.00
acres (lot)

551 W Kennedy Rd, Braidwood, IL 60408

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About this home

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.

Vacant landProperty Type
105 acresLot Size
$18,095Price/Acres
Listed by Michael Klimek Pillar Realty LLC
Listing updated:
Redfin checked: 3 minutes ago
Source:MRED as Distributed by MLS Grid #12625948

Payment calculator

$12,375 per month

Principal and interest$9,985
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($380,000)
Home price
$1,900,000
Loan details
30-yr fixed, 6.88%
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Around this home

Schools

Reed-Custer Intermediate School

Public PreK-5 • Assigned • 0.3mi

7/10
Reed-Custer Middle School

Public 6-8 • Assigned • 1.3mi

7/10
Reed-Custer High School

Public 9-12 • Assigned • 1.2mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

  • Interior features
  • Buildings are present on the land

Sale and tax history for 551 W Kennedy Rd

Public record

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Vacant Land
County
Will County
APN
0224182000210000
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Apr 21, 2026.

Historical weather

Braidwood, IL • 60408
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Sun exposure

97/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.9 hrs
7 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 551 W Kennedy Rd

We cannot show automated home-value estimates for this home. 
 

Nearby homes have recently sold between $240,000 and $455,000.

Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $455K.

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GreatSchools Ratings provided by GreatSchools.org.