Partially Developed Single-Family Lot
For Sale
$5,500,000
W Fairway Lakes Dr, Monee, IL 60449
LAND - Franfort, IL
Property SizeContact for details
Lot Size77.38 Acres
Days on Market104
Property Features for W Fairway Lakes Dr
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Standard status
Active
APN
18-13-22-400-004-0000, 18-13-22-400-005-
Lot size
77.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12562
Utilities
Water source
Public
Listing Agency:
eXp Commercial
(630) 474-6441
Listed By:
Randolph Taylor · License #475142701
(630) 474-6441
Added: Apr 28
Changed: Jul 30
Last Checked: Aug 9 at 6:06PM
MLS# 11736232
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a partially developed residential land site consisting of 77.38 acres and 60 single-family lots. Development status includes rough grading and partially established internal paved roadways. Will County PINs have already been assigned to the 60 lots, which can reduce administrative lead time compared with starting from raw land. The site is currently zoned R-2 Residential Single Family.
The parcel is located at W Fairway Lakes Dr in Franfort, Illinois (Will County). It is positioned as a residential community within the Fairway Lakes Estates development footprint, with the existing lot structure and infrastructure groundwork already in place.
This configuration is well suited to a builder or developer looking to move quickly with a planned, single-family subdivision layout rather than beginning from an unprepared greenfield condition. With 60 individually identified lots and a roadway foundation already started, the site supports an orderly progression toward lot completion and home construction under the existing R-2 single-family zoning framework.
The parcel is located at W Fairway Lakes Dr in Franfort, Illinois (Will County). It is positioned as a residential community within the Fairway Lakes Estates development footprint, with the existing lot structure and infrastructure groundwork already in place.
This configuration is well suited to a builder or developer looking to move quickly with a planned, single-family subdivision layout rather than beginning from an unprepared greenfield condition. With 60 individually identified lots and a roadway foundation already started, the site supports an orderly progression toward lot completion and home construction under the existing R-2 single-family zoning framework.
Key Highlights
- 77.38‑acre partially developed residential community with 60 single‑family lots
- Rough grading completed and internal paved roadways partially established
- 60 individual PINs already assigned by Will County
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 60449, IL
8,961
Population
3,752
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
182
Density / Sq Mi
$101,563
Median Household Income
$60,924
Median Earnings
$269,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Partially graded 77.38-acre site with 60 single-family lots, assigned PINs, and partially established internal paved roadways.
Where is this residential land & home lot located?
The property is located at W Fairway Lakes Dr Monee, IL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 77.38‑acre partially developed residential community with 60 single‑family lots; Rough grading completed and internal paved roadways partially established; 60 individual PINs already assigned by Will County
