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NW Corner of Caton Farm Road & Arbeiter Road - 80 AC Caton Farm Road Farm 80 Acres of Residential Land Offered at $5,975,728 CAD in Minooka, IL 60447

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Investment Highlights

  • 80-acre development site in Joliet's hottest corridor.
  • Annexed, utilities ready. $115K+ median income market.

Property Facts

Price $5,975,728 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Single Family Development
  • Agricultural
Total Lot Size 80.00 AC
Zoning R-1B - R-1B for Single family residential with R-B Corner Commercial

1 Lot Available

Lot

Price $5,975,728 CAD
Price Per AC $74,696.60 CAD
Lot Size 80.00 AC

80-acre development site in Joliet's hottest corridor. Annexed, utilities ready. $115K+ median income market. Vista Ridge (397 units) just approved nearby. Oswego schools.

Description

This exceptional 80-acre development opportunity is strategically positioned in Joliet's fastest-growing residential corridor. Annexed into the City of Joliet with water and sewer available at the property corner, this premier site offers everything developers seek: dual road frontage (2,658 feet on Caton Farm Road, 1,321 feet on S Arbeiter Road), predominantly level topography, and premium soils with minimal flood risk. Recent infrastructure upgrades include Caton Farm Road's expansion to a 5-lane urban roadway, positioning this turnkey site for immediate development. The property serves a proven high-value market with median household incomes exceeding $115,000 and an exceptionally low 0.7% poverty rate. Strong demand is evidenced by Vista Ridge Subdivision's recent approval (397 units) just half a mile away—the first major development since 2007, signaling renewed market confidence. Na-Au-Say Township has experienced explosive 540% population growth since 2000, driven by families seeking the highly-rated Oswego School District 308 and convenient access to Chicago (30-40 miles). Historical successes including Wesmere (800+ homes) and Kendall Ridge (665 units) established this corridor as a premier residential location. Currently annexed and zoned R-1 (single family) and R-B commercial Corner by the City of Joliet. The 80-acre configuration offers flexible options for single-family residential, mixed housing types, or planned unit developments. With immediate infrastructure, superior demographics, top-rated schools, and strategic positioning in a corridor poised for significant expansion, this site represents a rare opportunity in suburban Chicago's most dynamic growth market.

Property Taxes

Property Taxes

Parcel Number
06-27-400-001
Land Assessment
$74,065 CAD
Improvements Assessment
$0 CAD
Total Assessment
$74,065 CAD
  • Listing ID: 39464360

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: NW Corner of Caton Farm Road & Arbeiter Road, Minooka, IL 60447

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