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Waterfront Lot in Lake Forrest

24858 W Lake Forrest Lane, Shorewood, IL 60404

For Sale
$165,000

Land, Shorewood, IL

Property SizeContact for details
Days on Market190

Property Features for 24858 W Lake Forrest Lane

General Information

Property type Land
Property subtype Other
Zoning SINGL
Elementary school district 201
Middle school district 201
High school district 111
Directions SOUTH OF RT 52 ON RIVER RD. WEST ON LAKE FORREST LANE
Subdivision Shorewood
Standard status Active
APN 0506204010340000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1834

Utilities

Utilities Natural Gas Available
Water front 1
Listing Agency: Charles Rutenberg Realty of IL
Listed By: Jack Warpecha · License IL #475160742
Added: May 4 Changed: Aug 19 Last Checked: Nov 9 at 4:06PM
MLS# 12637385

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located in the Lake Forrest Subdivision, this approximately 1.0-acre waterfront lot is suitable for building a custom home. The property is positioned in a location convenient to shopping, dining, and other amenities. Covenants and restrictions apply to the site. The location is served by Minooka Schools. The zoning is SINGL.

Key Highlights

  • Waterfront property in the desirable Lake Forrest Subdivision.
  • Approximately 1.0‑acre lot size.
  • Prime location for luxury living in a peaceful setting.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store HVAC Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 60404, IL

19,916
Population
7,530
Households
2.6
Avg Household Size
42
Median Age
40%
College-Educated
96%
High-School Grad
15.7 sq mi
ZIP Area
1,269
Density / Sq Mi
$121,696
Median Household Income
$54,628
Median Earnings
$1,945
Median Rent
$319,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Will County

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Frequently Asked Questions

What type of property is this?
Land - Approximately 1-acre waterfront lot in Lake Forrest Subdivision.
Where is this land located?
The property is located at 24858 W Lake Forrest Lane Shorewood, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Waterfront property in the desirable Lake Forrest Subdivision.; Approximately 1.0‑acre lot size.; Prime location for luxury living in a peaceful setting.
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