302 16th Street Mendota, IL 61342 Land - Farm Active

  • 302 16th Street, Mendota, IL 61342 Main Photo

1 Total Photos [Click to View All]

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.

Property Highlights

Property Type: Land - Farm
Total Acres: 4.60 Acres

General Information

County: LaSalle
High School: Mendota Twp High School
Listed By:
Keller Williams Infinity 630-778-5800
MRED MLS
$650,000
Est. $4,213/mo
Active
LOT SIZE 4.600 acres MLS#12589118
STATUSActive PROPERTY TYPELand - Farm SCHOOLDistrict 280

Get in Touch

Contact an agent to learn more about

302 16th Street, Mendota, IL 61342.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $650,000$650,000$650,000
Down Payment $130,000$22,750$162,500
Monthly Mortgage Amount $3,118$3,826$3,983
Taxes $905$905$905
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,213$5,207$5,078

Customize Your Mortgage

Similar Listings For Sale Sold

Login to My Homefinder

Pixel