Cumberland Drive - Residential LAND FOR SALE


Joliet, IL 60431 609,840 SF
$1,200,000 USD
815-955-9489
Cumberland Drive, Joliet, IL for Sale
$1,200,000 USD
Residential LAND - FOR SALE
1/1
609,840 SF

Cumberland Drive
Joliet, IL 60431


OVERVIEW

Web Video Realty is pleased to present the exclusive opportunity to acquire the Final Phase of the established Cumberland South subdivision in Joliet, Illinois. Representing the heirs of the original developer, John H. Leach, this offering consists of 48 undeveloped residential lots totaling approximately [Insert Acreage] acres. This is a "clean exit" sale of raw land, providing a builder or developer the rare opportunity to control the final inventory in a proven, high-demand residential corridor. Unlike many infill projects, Cumberland South is an established community with a track record of stable home values and consistent residential demand. The property is currently raw land. Infrastructure: No horizontal development has been completed. The purchaser will be responsible for all site work, including the installation of roads, sewer, water, and traditional utilities. Approval Status: Conditionally approved as of March 2026, allowing a developer to move quickly into the final engineering and permitting stages. Strategic Location & Economic Drivers The true value of this site lies in its proximity to two of the largest economic engines in the Will County region: Joliet Technology Center: Located just minutes away, this $2.1 billion project is a massive catalyst for local growth. As a hub for high-tech industry and data centers, it is projected to bring thousands of high-paying jobs to the immediate area, creating an urgent and sustained need for new residential housing. Rock Run Collection: This nearby mega-development further enhances the "live-work-play" appeal of the area, providing premier retail, dining, and entertainment options that support high absorption rates for new home construction. Development Potential The layout is designed for a traditional residential product that complements the existing aesthetic of Cumberland South. With 48 lots, the project offers enough scale to maximize mobilization costs while remaining manageable for a mid-sized builder or a regional developer. The property is being offered "As-Is" at a competitive price of $1,200,000. The sellers are looking for a streamlined transaction with a buyer who understands the Joliet development landscape and the requirements for horizontal infrastructure. Highlights Final Leach Family Phase: The last remaining inventory of a legacy development. High Visibility: Strategically positioned to benefit from over $2B in nearby infrastructure and tech investment. Clean Title & Heritage: Direct representation of the original developer's estate ensures a transparent and professional closing process. Pro-Growth Municipality: Joliet continues to demonstrate a commitment to supporting residential expansion that services its growing industrial and tech sectors. Keywords: Use terms like "Infill," "Residential Development," "Data Center Corridor," and "Will County Growth."

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/ACRE

$85,714/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Cumberland South Forty 48 lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Residence

LAND ACRES

14 AC

LAND SF

609,840 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1

APN/PARCEL ID

05-06-06-300-008-0000

ASK ABOUT THIS PROPERTY

Michael O'DonnellWeb Video RealtyMore Info
815-955-9489

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Michael O'DonnellWeb Video RealtyMore Info
815-955-9489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.