9 months on rocket

24306 S Governors Hwy, Monee, IL, 60449

$1,299,000

8.73 Acres
Land

Location

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Property Highlights

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

About 24306 S Governors Hwy

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
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Housing Market Comparison

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

Med. Sold Price

$300K

Med. Price/SqFt

$148

Avg. Days On Market

63

# of Sold Homes

9

24306 S Governors Hwy vs Monee

274 DAYS ON ROCKET

+211 Days

$1,299,000

+$999K More

KEY TAKEAWAY

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

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Last updated on: 12/21/2024, 11:16:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2020Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2019$9,885$90,000
2018$10,008$90,000
2017$10,263$90,000

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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.

Nearby Schools

school-card-donut-823989
3
/10
  • Monee Elementary School

  • 25425 S Will Center Rd

  • 1.38 miles

  • Public District Grades KG-5

school-card-donut-823990
6
/10
  • Neil Armstrong Elementary School

  • 5030 Imperial Dr

  • 2.06 miles

  • Public District Grades KG-5

school-card-donut-823991
3
/10
  • Talala Elementary School

  • 430 Talala St

  • 2.16 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,425. Typical income of Monee, IL residents is between $35k-100k annually. Typical family type is 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.
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Rocket HomesIllinoisCook CountyMonee6044924306 S Governors Hwy

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.

In November 2024, from all listings sold in Monee, IL there were more than 1 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. Between October 2024 and November 2024, Monee, IL real estate market has seen decrease in the number of listings by 12.3%. The median list price of listings available in November 2024 was $300,000, while the average time on the real estate market was 63 days.

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

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