302 16th Street, Mendota, IL

$650,000

Overview

  • 1180515
  • Property ID
  • Updated On:
  • May 29, 2026
  • 5 ft2
  • Property Lot Size

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.

Other Features
Electricity Nearby
Has Additional Parcels
Municipal Water
Natural Gas Nearby
None
Sewer Connected
Water Nearby

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$3,332.68
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,520.18

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Information for the property at 302 16th Street, Mendota, IL, 61342 (Property ID: 1180515) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi