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1863 Waters Edge Dr - 0.92 acres Land Waters Edge Minooka IL 0.92 Acres of Residential Land Offered at $698,083 CAD in Minooka, IL 60447

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Investment Highlights

  • Three contiguous lots within an established subdivision
  • Immediate development potential
  • Favorable supply demand imbalance for new townhome product
  • All zoning and development approvals secured
  • Located within a proven residential corridor

Executive Summary

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.
The area benefits from strong household income demographics, with approximately $122,000 median household income, and $288,600 Median property value with 94.3% homeownership rate which is higher than national average of 65%, reflecting long term neighborhood stability and sustained demand for quality housing.
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.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $698,083 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Planned Unit Development
  • Single Family Development
Total Lot Size 0.92 AC

1 Lot Available

Lot 16,17,18

Price $698,083 CAD
Price Per AC $758,785.78 CAD
Lot Size 0.92 AC

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

Description

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 16–17 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. The area benefits from strong household income demographics, with approximately $122,000 median household income, and $288,600 Median property value with 94.3% homeownership rate which is higher than national average of 65%, reflecting long term neighborhood stability and sustained demand for quality housing. 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 Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-14-427-023
  • 03-14-427-022
  • 03-14-427-025
Land Assessment
$63,541 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$63,541 CAD (2024)
  • Listing ID: 39466790

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: 1863 Waters Edge Dr, Minooka, IL 60447

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