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.
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Zillow last checked:
Listing updated:
Listed by:
Michael O'Donnell815-955-9489,
WEB VIDEO Realty
Source: MRED as distributed by MLS GRID,MLS#: 12617632
Facts & features
Property
Features
Frontage length: 200
Lot
Size: 14 Acres
Dimensions: 792x866x702x866
Details
Parcel number: 0506063000080000
Special conditions: None
Utilities & green energy
Water: Municipal Water
Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Community & HOA
Location
Region: Joliet
Financial & listing details
Annual tax amount: $2,537
Date on market: 4/13/2026
Ownership: Fee Simple
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/13/2026
Listed for sale
$1,200,000
Source: MRED as distributed by MLS GRID #12617632Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.