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24306 S Governors Hwy S, Monee, IL, 60449

$1,499,000

8.73 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #12011403
Lot Size8.73 Acres
StatusActive

About 24306 S Governors Hwy S

LARGE PRICE REDUCTION ANNOUNCED! +/- 8.73 acres in unincorporated Monee. This is raw land which has been leveled, with all trees/stumps removed, and has been paved over with 1 foot of asphalt grindings. The owner has also added new fencing around the entire perimeter. The land is a triangular shaped lot and is extremely well situated at the junction of Cicero Ave (Hwy 50) and Governors Hwy. This lot has ingress and egress to/from both Highways. This lot is currently zoned Commercial and could serve many different uses with that designation. The seller has had discussions with the Village of University Park, which borders this property, and they have indicated that they are open to annexing this property and, if needed, change the zoning. Several other parcels in the area have been previously annexed by University Park and rezoned to Industrial to be made part of their Industrial Business District. This is a perfect location for a strip center, other commercial business, or a trucking related business, including truck sales, servicing, and parking. This is located less than 2 miles from the newer Stuenkel Rd. exit off I-57. Corporate neighbors include, 3 large Amazon Warehouses, DSC Logistics, Lineage Logistics, Caldic American, AMST (Kentucky Trailer) Dot Foods, Clorox Distribution, Old Dominion Freight Line, the Pilot Travel Center, and the Petro Travel Store and Blue Beacon Truck Wash, among others. Governors State University is located approximately 1.5 miles to the east, and the towns of Richton Park and Matteson are approximately 5 miles to the north. Peotone (site of Chicago's 3rd airport ?) is 9 miles south. This property is located approximately 35 miles almost due south of downtown Chicago.

Property Details

Property Features

Listing Office:

  • Office Name: Pearson Realty Group
  • Office Phone: (773) 325-2800
  • Listing Agent: David McLennan

Lot Features

Lot Information:

  • Lot Size: 8.73 Acres

School Info

Assigned Schools Information:

  • Crete-Monee High School, Public District Grades 9-12
  • Crete-Monee Middle School, Public District Grades 7-8
  • Talala Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South from Chicago or north from Kankakee on I-57 to the Stuenkel Rd exit. E on Stuenkel Rd to Cicero. S approx 1/2 mile to subject property located at junction of Cicero and Governors Hwy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
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Housing Market Comparison

See how this home compares to others in Monee, IL.

Med. Sold Price

$294K

Med. Price/SqFt

$143

Avg. Days On Market

49

# of Sold Homes

6

24306 S Governors Hwy S vs Monee

35 DAYS ON ROCKET

-14 Days

$1,499,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Monee, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12011403

Listing Office:

  • Office Name: Pearson Realty Group
  • Office Phone: (773) 325-2800
  • Listing Agent: David McLennan

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Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1013807
2
/10
  • Talala Elementary School

  • 430 Talala St

  • 2.15 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1013808
4
/10
  • Crete-Monee Middle School

  • 635 Olmstead Ln

  • 3.06 miles

  • Public District Grades 7-8

High School

school-card-donut-1013809
6
/10
  • Crete-Monee High School

  • 1515 W Exchange St

  • 4.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,425. Most Monee, IL residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24306 S Governors Hwy S

What is the listing price of this property?

The listing price of 24306 S Governors Hwy S property is $1,499,000.

What type of property is this?

The property 24306 S Governors Hwy S is land located in Monee, Illinois, 60449.

Is this property for sale now?

Active Listing: 24306 S Governors Hwy S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 24306 S Governors Hwy S are:
Talala Elementary School: GreatSchools Rating 2/10
Crete-Monee Middle School: GreatSchools Rating 4/10
Crete-Monee High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 24306 S Governors Hwy S is 8.73 acres.
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Rocket HomesIllinoisCook CountyMonee6044924306 S Governors Hwy S

This home is located at 24306 S Governors Hwy S in Monee, IL and zip code 60449. This home sits on a 8.73 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,499,000.

In March 2024, from all listings sold in Monee, IL there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Monee, IL increased by 2.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $294,000, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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