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Listed by Michelle Faleschof Keller Williams Infinity
$ 650,000
Est. payment /mo
Active
302 16th Street Mendota, IL 61342
4.6 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12589118
Annual Tax Amount $405
Tax Year 2024
Lot Size 4.600 Acres
Lot Dimensions 284x767x284x767 (Minus 2 existing improved properties)
Property Sub-Type Land
Property Description
Rare opportunity for builders and developers to acquire 18 residential parcels in a thoughtfully planned neighborhood in Mendota, a growing community attracting buyers seeking affordability and small-town quality of life. The proposed layout includes a mix of generously sized homesites, with several oversized corner lots ideal for ranch-style homes and wider footprints, while interior parcels are well suited for traditional two-story residences. The plan emphasizes efficient land use, attractive streetscapes, and strong resale appeal while supporting a variety of housing styles that complement the character of the area. An additional advantage for builders: if basements are constructed, excavated soil can potentially be relocated to approximately 14 acres owned by the seller directly across the street, offering a convenient solution for site management. With continued community growth, supportive municipal leadership, and increasing demand from buyers relocating from higher-cost regions, this offering presents a compelling development opportunity in an underserved housing market.
Location
State IL
County Lasalle
Zoning SINGL
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Sewer Connected, Water Nearby
View Y/N true
Building
Water Municipal Water
Schools
Elementary Schools Northbrook School
Middle Schools Northbrook School
High Schools Mendota Twp High School
School District 289, 289, 280
Others
Ownership Fee Simple
Special Listing Condition None
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