The Final Phase of Cumberland South: A Legacy Development Opportunity Web Video Realty is proud to present the final phase of the established Cumberland South subdivision in Joliet, IL. This offering represents the last remaining 48 residential lots held by the heirs of the original developer, John H. Leach. This is a rare opportunity for a builder or developer to acquire a significant block of inventory within a proven, mature residential community. Site Status & Development Potential Lot Count: 48 undeveloped residential lots. Condition: Raw Land. This project is a "horizontal play"-the purchaser will be responsible for all site work, including the installation of roads, sewer, water, and utilities. Zoning: R-1 (Single-Family Residential). Approvals: The site is conditionally approved (as of March 2026), allowing a streamlined path to final engineering and construction. Strategic Location & Economic Drivers The property is perfectly positioned to capture the massive surge in housing demand driven by over $2 billion in regional investment: Joliet Technology Center: Located in the immediate path of progress for this $2.1 billion high-tech hub, which is expected to bring thousands of high-paying jobs to the area. Rock Run Collection: Minutes from premier retail, dining, and entertainment, enhancing the "live-work-play" appeal for future homeowners. Infrastructure: Benefits from over $100 million in local infrastructure and road improvements, ensuring excellent accessibility. Investment Highlights This is a "Clean Exit" sale offered at $1,200,000. The property is being sold As-Is, making it an ideal acquisition for a developer looking to control the final inventory in a high-demand corridor with established home values. Capitalize on the momentum of Will County's tech explosion by completing the vision of one of Joliet's most respected residential developments.
Details
MLS #
12617632
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
155
Listing Provided By
WEB VIDEO Realty | Michael O'Donnell
Features
Acreage
14.00
Utilities
Utilities
Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Taxes
Tax Year
2025
Tax Annual Amount
2537
Area Information
State
IL
County
Will
City
Joliet
Zip Code
60431
Area
Joliet
Listing VS Median (in 60431)
Price: $1,200,000
low | high
Med: $350,000
100% of Average
On site: 155
low | high
Med: 40
100% of Average
Sourced by Back At You
Market Activity 60431
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $204.68
Min Sale Price: $314,999
Max Sale Price: $314,999
Med Sale Price: $314,999
Date: Jul 2026
Sales: 24
Avg $ Per SqFt: $187.76
Min Sale Price: $235,000
Max Sale Price: $440,000
Med Sale Price: $335,000
Date: Jun 2026
Sales: 40
Avg $ Per SqFt: $193.37
Min Sale Price: $228,000
Max Sale Price: $680,000
Med Sale Price: $379,950
Date: May 2026
Sales: 44
Avg $ Per SqFt: $192.07
Min Sale Price: $218,000
Max Sale Price: $520,000
Med Sale Price: $330,502
Date: Apr 2026
Sales: 42
Avg $ Per SqFt: $188.19
Min Sale Price: $251,000
Max Sale Price: $899,900
Med Sale Price: $384,500
Date: Mar 2026
Sales: 56
Avg $ Per SqFt: $186.71
Min Sale Price: $190,000
Max Sale Price: $604,000
Med Sale Price: $354,500
Date: Feb 2026
Sales: 48
Avg $ Per SqFt: $191.57
Min Sale Price: $49,999
Max Sale Price: $465,000
Med Sale Price: $320,500
Date: Jan 2026
Sales: 33
Avg $ Per SqFt: $182.52
Min Sale Price: $210,000
Max Sale Price: $1,000,000
Med Sale Price: $335,000
Date: Dec 2025
Sales: 22
Avg $ Per SqFt: $180.17
Min Sale Price: $215,000
Max Sale Price: $529,000
Med Sale Price: $366,500
Date: Nov 2025
Sales: 23
Avg $ Per SqFt: $185.18
Min Sale Price: $253,000
Max Sale Price: $530,000
Med Sale Price: $327,000
Date: Oct 2025
Sales: 45
Avg $ Per SqFt: $188.68
Min Sale Price: $245,000
Max Sale Price: $1,275,000
Med Sale Price: $346,895
Date: Sep 2025
Sales: 39
Avg $ Per SqFt: $185.07
Min Sale Price: $227,000
Max Sale Price: $650,000
Med Sale Price: $335,000
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$204.68
Min Sale Price:
$314,999
Max Sale Price:
$314,999
Med Sale Price:
$314,999
Jul 2026
Sales:
24
Avg $ Per SqFt:
$187.76
Min Sale Price:
$235,000
Max Sale Price:
$440,000
Med Sale Price:
$335,000
Jun 2026
Sales:
40
Avg $ Per SqFt:
$193.37
Min Sale Price:
$228,000
Max Sale Price:
$680,000
Med Sale Price:
$379,950
May 2026
Sales:
44
Avg $ Per SqFt:
$192.07
Min Sale Price:
$218,000
Max Sale Price:
$520,000
Med Sale Price:
$330,502
Apr 2026
Sales:
42
Avg $ Per SqFt:
$188.19
Min Sale Price:
$251,000
Max Sale Price:
$899,900
Med Sale Price:
$384,500
Mar 2026
Sales:
56
Avg $ Per SqFt:
$186.71
Min Sale Price:
$190,000
Max Sale Price:
$604,000
Med Sale Price:
$354,500
Feb 2026
Sales:
48
Avg $ Per SqFt:
$191.57
Min Sale Price:
$49,999
Max Sale Price:
$465,000
Med Sale Price:
$320,500
Jan 2026
Sales:
33
Avg $ Per SqFt:
$182.52
Min Sale Price:
$210,000
Max Sale Price:
$1,000,000
Med Sale Price:
$335,000
Dec 2025
Sales:
22
Avg $ Per SqFt:
$180.17
Min Sale Price:
$215,000
Max Sale Price:
$529,000
Med Sale Price:
$366,500
Nov 2025
Sales:
23
Avg $ Per SqFt:
$185.18
Min Sale Price:
$253,000
Max Sale Price:
$530,000
Med Sale Price:
$327,000
Oct 2025
Sales:
45
Avg $ Per SqFt:
$188.68
Min Sale Price:
$245,000
Max Sale Price:
$1,275,000
Med Sale Price:
$346,895
Sep 2025
Sales:
39
Avg $ Per SqFt:
$185.07
Min Sale Price:
$227,000
Max Sale Price:
$650,000
Med Sale Price:
$335,000
MLS Number: 12617632
Michael O'Donnell – (815) 955-9489 – buynsellrealestate@hotmail.com
WEB VIDEO Realty – (815) 955-9489
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MLS Number: 12617632
Michael O'Donnell – (815) 955-9489 – buynsellrealestate@hotmail.com
