Grant Park, IL 60940 12393 E IL-1
$150,000



7 more







Presented By: McColly Real Estate
Home Details
*MULTIPLE OFFERS RECEIVED - PLEASE SUBMIT HIGHEST & BEST OFFERS BY 10:00AM MONDAY, SEPTEBMER 1, 2025* The classic Italianate style split-level architecture of this historic canvas awaits in Grant Park! This property is not for the faint of heart though - it's for the visionary with a passion for preservation or the planner ready to create a brand-new masterpiece. Situated on over 4 sprawling acres, this storied property offers incredible privacy and endless potential. Bring your ideas and create a welcoming homestead, a lovely inn, or even an Airbnb in a community with abundant small-town charm. The single-family home, 20'x20' garage, and greenhouse all require a full, top-to-bottom rehab (or potential demolition). Additionally, there is a 24'x50' pole barn with concrete floor, which is in better shape but also needs work. The lot itself is heavily overgrown and will require significant clearing. Currently owned by the Village of Grant Park, the sale is subject to certain post-closing requirements. The buyer will be responsible for meeting specific conditions after the sale is finalized, which may include improving the property's overall appearance and land within a given timeframe. Sold strictly AS-IS. Room count & measurements are estimated. The property cannot be conveyed in "broom clean" condition; any remaining personal property or debris is the buyer's responsibility. Currently zoned R1 Single-Family Residential, a zoning modification may be necessary depending on your plans. Located within the village limits, no horses or livestock are allowed, but an ordinance recently passed allowing chickens. Please do not visit the property without an approved showing. For details on these specific terms, including any pre-showing requirements, contact your Realtor. The unbeatable location-just 50 minutes south of Chicago, 20 minutes from the major retail hub of Bourbonnais, and 10 minutes from the Indiana border-is perfect for any lifestyle. You'll be close to all your necessary amenities, including groceries, banks, healthcare, restaurants, and a variety of shops & services. Outdoor enthusiasts will love the nearby golf courses, sports fields, fitness centers, parks, and year-round activities. Both a community college and a university are close at hand, and commuters will appreciate being just 25 minutes to the Metra train. The highly acclaimed Grant Park School District adds even more appeal, earning repeated recognition from U.S. News & World Report, Niche, and The Kankakee Journal for excellence in academics, athletics, and community involvement. Don't miss this one-of-a-kind opportunity to shape the promising future of this amazing property.
Presented By: McColly Real Estate
Interior Features for 12393 E IL-1
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
LivingAreaSourceAppraiser
BasementNone
FlooringHardwood
Interior AmenitiesBookcases, Historic/Period Mlwk
Other Rooms
Room TypeBedroom 5, Library, Study, Pantry
General for 12393 E IL-1
Additional Parcels Description01042030002200
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityGrant Park
Community FeaturesPark, Sidewalks, Street Lights, Street Paved
Construction MaterialsWood Siding
ContingencyAttorney/Inspection
CoolingNone
CountyKankakee
DirectionsRoute 1 to E Taylor St, West to property.
Elementary School District6
Full Baths3
HOA Fee$
HeatingNatural Gas
High School District6
Living Area1236
MLS AreaGrant Park
Middle/Junior School District6
ModificationTimestamp2025-09-04T22:21:02.103Z
New ConstructionNo
Other StructuresBarn(s), Greenhouse
OwnershipFee Simple
PossessionClosing
Property TypeResidential
Property TypeDetached Single
SewerSeptic Tank, Public Sewer, Other
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount0
Tax Year2024
Total Rooms11
TownshipYellowhead
Year Built1858
ZoningSINGL
Exterior for 12393 E IL-1
BuyerOfficeFax(708) 946-9461
Lot Dimensions358.08 x 506.65
Lot FeaturesWooded, Mature Trees
Lot Size Acres4.16
Parking FeaturesAsphalt, Driveway, On Site, Owned
Total Parking10
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

SQFT • 1,236