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. There are currently 2 large shipping containers on the property with another to be added shortly. These will come with the sale, if the new owner wants them. The current 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
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: $1,299,000
Tax Information:
Annual Amount: $9,885
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monee, IL.
This property is $999K 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
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,551
Per Month
Principal & Interest
$6,484
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,961
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Monee Elementary School
25425 S Will Center Rd
Distance between this listing and this school1.38 miles
Public District Grades KG-5
6
/10
Neil Armstrong Elementary School
5030 Imperial Dr
Distance between this listing and this school2.06 miles
Public District Grades KG-5
3
/10
Talala Elementary School
430 Talala St
Distance between this listing and this school2.16 miles
Public District Grades KG-5
Nearby Schools
5
/10
Sauk Elementary School
4435 S Churchill Dr
Distance between this listing and this school2.50 miles
Public District Grades 4-6
5
/10
Crete-Monee Middle School
635 Olmstead Ln
Distance between this listing and this school3.06 miles
Public District Grades 6-8
3
/10
Michelle Obama School of Technology and the Arts
530 Lakewood Blvd
Distance between this listing and this school3.08 miles
Public District Grades 4-8
Nearby Schools
7
/10
Southland College Preparatory Charter High School
4601 Sauk Trl
Distance between this listing and this school2.42 miles
Public Charter Grades 9-12
4
/10
Crete-Monee High School
1515 W Exchange St
Distance between this listing and this school4.18 miles
Public District Grades 9-12
2
/10
Rich Township High School
3600 W 203rd St
Distance between this listing and this school5.24 miles
The neighbors living near this home have an average income of $82,425. Most Monee, IL residents have annual incomes between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 24306 S Governors Hwy
What is the listing price of this property?
The listing price of 24306 S Governors Hwy property is $1,299,000.
What type of property is this?
The property 24306 S Governors Hwy is land located in Monee, Illinois, 60449.
Is this property for sale now?
Active Listing: 24306 S Governors Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $9,885 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 23, 2020 for $95,000. (source: MLS/tax record).
How much acreage is this property?
The property 24306 S Governors Hwy is 8.73 acres.
Interested in 24306 S Governors Hwy? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 24306 S Governors Hwy 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 $1,299,000.
While more than 5 listings in Monee, IL in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Monee, IL between September 2024 and October 2024 increased by 17.6%. The median list price of listings available in October 2024 was $300,000, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
College Football
College Football
Extreme Sports
Soccer
Best Buy
Express/Express For Men
Academy Sports & Outdoors
Texas Roadhouse
Sonic
Little Caesars
Ram
Kia
Chevrolet
Contemporary Christian
New Country
Country