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8955 Teal Lane Wilmington, IL 60481 Land - Residential New

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Description

Experience waterfront living all year long in the highly sought-after Wildfeather Subdivision on the Kankakee River! This exceptional 0.39-acre lot offers a rare opportunity to build your custom dream home in one of the area's most desirable riverfront communities, located within the highly rated Coal City School District. Enjoy approximately 50 feet of channel frontage complete with a dock and natural shoreline protection. Based on current setback requirements (10 feet from each side and 50 feet from both the front property line and the water), the property offers an estimated buildable footprint of approximately 60' x 73', providing ample space for a spacious custom home. Launch your boat at the private boat launch and enjoy access to the Kankakee River. Conveniently located just minutes from I-55 and approximately one hour from downtown Chicago, this property offers the perfect combination of peaceful waterfront living and easy accessibility. HOA dues: $675 per year. *NOT located in a flood zone* Whether you're looking to build a year-round residence or a weekend retreat, this property offers an incredible opportunity to enjoy the best of waterfront living.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.39 Acres
Utilities: Electricity Nearby, Natural Gas Nearby

General Information

County: Grundy
Listed By:
Village Realty, Inc. 708-478-1212
MRED MLS
$79,888
Est. $610/mo
New to the Market New
LOT SIZE 0.390 acres MLS#12703543
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 1

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Ruhl&Ruhl Realtors
563.441.1776

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8955 Teal Lane, Wilmington, IL 60481.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $79,888$79,888$79,888
Down Payment $15,978$2,796$19,972
Monthly Mortgage Amount $399$483$498
Taxes $111$111$111
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$35$0
Monthly Estimated Total $610$729$709

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