Prime 143.3-acre development site at a high-visibility corner in a rapidly growing Bourbonnais corridor and near the proposed Chicago South Suburban Airport. Composed of two parcels zoned B-1 and R-1, the property offers flexibility for residential, commercial, or mixed-use development. Features 2,701 ft and 2,435 ft of road frontage plus a serene 0.4-acre pond with trees on the south side. Previously platted and approved for 255 residential lots around a planned 20-acre lake, providing a strong foundation for a future master-planned or hybrid community vision; prior approval is historical and requires full city review and re-approval for future new owners. Currently leased for crop production with top PI 126.6 and shed rentals, generating generous income while plans advance. A rare opportunity with scale, infrastructure access, and significant development potential -ideal for subdividers, builders, investors, or developers shaping the next major Bourbonnais community. Historical engineering/soil data on file for reference only, buyer to perform independent due diligence and verify all zoning, utility access, and municipal viability.
— the listing agent’s description
The home
Lot 2701 feet x 2435 feet
Land
What it’ll cost
$11,538 taxes / yr
No HOA
266 days on dwello
Estimated monthly payment
$72,695/mo
Principal & interest$68,004
Property taxes$961
Homeowners insurance$3,730
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