302 16th Street, Mendota, IL 61342
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Listed by Michelle Faleschof Keller Williams Infinity
$ 650,000
Est. payment /mo
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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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302 16th Street