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Listing provided courtesy of Re/max MillenniumMREDas Distributed by MLSGrid- MLS# 12593000MLS Provider

Lots 16,17,18 Waters Edge DriveMinooka, IL 60447

Vacant Land · 0.92 Acres
$499,000 Active

Lots 16,17,18 Waters Edge Drive Overview

Time on Site:
106 days
Visits:
0

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. 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.

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Lots 16,17,18 Waters Edge Drive Facts & Features

  • Type Vacant Land
  • Lot 0.92 Acres

Details

General

School Information

  • School District: 111
  • High School: Minooka Community High School

Location/Region

  • County Or Parish: Grundy
  • MLS Area Major: Minooka
  • Township: Aux Sable

Tax Information

  • Tax Annual Amount: $1,179.61
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple w/ HO Assn.
  • Parcel Number: 0314427025
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 200
  • Frontage Type: City Street
  • Lot Size Acres: 0.92
  • Lot Size Dimensions: 40075
  • Road Surface Type: None

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

Lots 16,17,18 Waters Edge Drive Neighborhood

Community

60447 (MINOOKA) Demographics

35
Median Age
203
Population Density (per sq. mile)
42%
College Educated
$92,809
Estimated Median Income
4,245
Estimated Total Home Owners
557
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lots 16,17,18 Waters Edge Drive Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lots 16,17,18 Waters Edge Drive Market Data

Based on the last 30 days in this zip code

$405,056
Average List Price
$192
Average Price per Square Foot
15
Properties Sold
63
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

Lots 16,17,18 Waters Edge Drive History

Date Event Value Agent
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Price Reduction
$499,000 -2.2%
6/9/2026Source: MRED Status Change
Price Change
3/21/2026Source: MRED Status Change
Active
3/16/2026Source: MRED Added to Database
March 16, 2026