$1,450,000

Estimated payment $9,365/month

Total Views 10,617
8.65 Acres
$167,630 Price per Acre
376,794 Sq Ft Lot

Highlights

  • 8.65 Acre Lot
  • Peotone Junior High School Rated 9+
  • Farm

About This Lot

The parcel currently is in Will County & contiguous to New Lenox. The Village's future land use plan designates the parcel as "Commercial/Regional" & the potential zoning to be consistent with the C-3 general business district. The parcel has a zoning advantage over the other corners of the intersection of Laraway and Gougar. The other corners are zoned and/or planned for lower intensive uses than the C-3 district. New Lenox's sewer and water are directly across the parcel on the east side of Gougar. The parcel has a permit in place for 1 full access and 2 right-in right-out road cuts. WDOT is stringent on road cuts & it is highly unlikely the other corners of the intersection will get a full access permit. Also, Laraway will soon be upgraded to a major regional road.

Listing Agent

Rex Stengele

Goodwin & Associates Real Estate LLC License #471003664 Listed on: 06/09/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,475

Lot Details

  • 8.65 Acre Lot
  • Lot Dimensions are 987 x 512
  • Property fronts a county road
  • Additional Parcels
  • Property is zoned COMMR

Schools

  • Union Elementary School

Farming

  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$21,475

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Utilities

  • Utilities: Sewer Nearby
  • Water Source: Municipal Water

Schools

  • Elementary School: Union Elementary School
  • Middle/Junior School: Union Elementary School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 8.65
  • Lot Dimensions: 987 X 512
  • Zoning: COMMR
  • Lot Size: 8.0-9.99 Acres
  • Special Assessments: U

Rental Info

  • Board Number: 20

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 21474.72
  • Tax Year: 2023
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Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2025 06/09/25 For Sale $1,450,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12389701

Midwest Real Estate Data (MRED)