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Gated Residential Lot Community
For Sale
$39,000

206 Stephen Lane, Joliet, IL 60431

Build-ready residential land in a gated subdivision with mature trees and access to nearby trails.

Property SizeContact for details
Days on Market536

Property Features for 206 Stephen Lane

General Information

Standard status Active
Property subtype Lots/Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,715
Listing Agency: Karges Realty
Listed By: Jim Karges · License #471003654
Source: Exitrealty
Added: Feb 20, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karges Realty

Investment Insights

Based on property information with market context.

This offering is residential land within The Cloister, a gated subdivision characterized by mature trees and established homes. The property also benefits from neighborhood association dues of $1,100 per year.

The subdivision is described as convenient to local schools, shopping, and major routes including I-55, I-80, and Route 59. It is adjacent to the Will County Forest Preserve, which offers walking and biking trails.

Buyers should review the neighborhood association requirements and the lot-specific details during due diligence to confirm fit for their intended residential plans.

Key Highlights

  • Build‑ready residential land in a gated subdivision
  • Located adjacent to the Will County Forest Preserve with walking/biking trails nearby
  • Mature trees and abundant wildlife noted in the subdivision

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

Demographics for 60431, IL

26,853
Population
9,368
Households
2.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
12.8 sq mi
ZIP Area
2,098
Density / Sq Mi
$114,098
Median Household Income
$51,980
Median Earnings
$1,408
Median Rent
$275,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready residential land in a gated subdivision with mature trees and access to nearby trails.
Where is this residential land & home lot located?
The property is located at 206 Stephen Lane Joliet, IL.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Build‑ready residential land in a gated subdivision; Located adjacent to the Will County Forest Preserve with walking/biking trails nearby; Mature trees and abundant wildlife noted in the subdivision
More about this property
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