551 W Kennedy Road — Braidwood, IL 60408
Active
Braidwood, IL 60408

551 W Kennedy Road

$1,900,000
0 beds · 0 baths
Listed at $1,900,000 7 days on market $22,593/yr taxes
01About 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.

02Inside the home
03By the numbers
$1,900,000
List price
Square feet
Bedrooms
Bathrooms
Year built
105.00 ac
Lot size
Garage spaces
$22,593
Annual taxes
Land
Style
7
Days on market
04Neighborhood
  • Jones-Eez Bar-B-Que 200 ft
  • Top Fuel Saloon 0.8 mi
  • Main Street Pizzeria & Grille 0.8 mi
  • The Korner Keg 0.8 mi
  • Polk-A-Dot Drive In 1.0 mi
  • McDonald's 1.1 mi
  • Marathon 0.8 mi
  • Casey's General Store 0.8 mi
  • Shell 0.9 mi
  • Minit Mart 0.9 mi
  • Berkot's Super Foods 1.0 mi
  • Luke H. Goodrich Park 0.4 mi
  • Lions' Kiddie Park 0.6 mi
  • Braidwood City Park 0.8 mi
  • Old Smokey City Park 0.8 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
05History

Every event we have for this address, straight from the MLS.

Apr 22, 2026
Listed for saleThis listing
Pillar Realty LLC
$1,900,000
Sourced from MRED. Older events appear here as our history backfill completes.
06Ask Dwello

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07See it for yourself

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Listed by Pillar Realty LLC · Michael Klimek
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12625948
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