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Listing provided courtesy of Berkshire Hathaway HomeServices Speckman RealtyMREDas Distributed by MLSGrid- MLS# 12537265MLS Provider

1296 E Bourbonnais ParkwayBourbonnais, IL 60914

Single Family · 48.00 Acres
$2,880,000 Active

1296 E Bourbonnais Parkway Overview

Time on Site:
182 days
Visits:
2

Approximately 48 acres of prime development land located just 50 miles south of Chicago with immediate access to the full I-57 interchange-the kind of access developers drool over. The site sits adjacent to the Canadian National Rail corridor, offering strong potential for direct rail service, a major advantage for industrial, logistics, or distribution users. The Village of Bourbonnais offers robust Enterprise Zone incentives, including real estate tax abatement and TIF assistance, creating a powerful financial upside for end users and developers alike. Strategic location, multi-modal transportation potential, and aggressive economic incentives make this a standout development opportunity in the south suburban Chicago market.

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1296 E Bourbonnais Parkway Facts & Features

  • Type Single Family
  • Lot 48.00 Acres

Details

General

School Information

  • School District: 307

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Kankakee
  • MLS Area Major: Bourbonnais
  • Township: Bourbonnais

Tax Information

  • Tax Annual Amount: $7,535.86
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 17090410000200
  • Possible Use: Commercial,Industrial
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 705
  • Frontage Type: County Road
  • Lot Size Acres: 48
  • Lot Size Dimensions: 48
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

1296 E Bourbonnais Parkway Neighborhood

Community

60914 (Bourbonnais) Demographics

34
Median Age
594
Population Density (per sq. mile)
42%
College Educated
$76,860
Estimated Median Income
6,826
Estimated Total Home Owners
2,735
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1296 E Bourbonnais Parkway Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1296 E Bourbonnais Parkway Market Data

Based on the last 30 days in this zip code

$360,696
Average List Price
$173
Average Price per Square Foot
25
Properties Sold
63
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

1296 E Bourbonnais Parkway History

Date Event Value Agent
1/4/2026Source: MRED Status Change
Active
12/30/2025Source: MRED Added to Database
December 30, 2025