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ActiveMLS #: 127035431 / 17Get an accurate number
ActiveMLS #: 127035431 / 170.39 acres
$75,000
8955 Teal Lane, Wilmington IL, 60481
Est. payment: $448/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
0.39 acres
Property type
Land
Listed by Daniel Francis with Village Realty, Inc.
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Experience waterfront living all year long in the highly sought-after Wildfeather Subdivision on the Kankakee River! This exceptional 0.39-acre lot offers a rare opportunity to build your custom dream home in one of the area's most desirable riverfront communities, located within the highly rated Coal City School District. Enjoy approximately 50 feet of channel frontage complete with a dock and natural shoreline protection. Based on current setback requirements (10 feet from each side and 50 feet from both the front property line and the water), the property offers an estimated buildable footprint of approximately 60' x 73', providing ample space for a spacious custom home. Launch your boat at the private boat launch and enjoy access to the Kankakee River. Conveniently located just minutes from I-55 and approximately one hour from downtown Chicago, this property offers the perfect combination of peaceful waterfront living and easy accessibility. HOA dues: $675 per year. *NOT located in a flood zone* Whether you're looking to build a year-round residence or a weekend retreat, this property offers an incredible opportunity to enjoy the best of waterfront living.
Location
8955 Teal Lane, Wilmington IL, 60481
- Township
- Goose Lake
- County
- Grundy
- Area
- Wilmington
Exterior and lot
- Lot size
- 0.39 acres (83x199x86x200)
- Waterfront
- Yes
- Total parking
- 0
- Utilities
- Electricity Nearby, Natural Gas Nearby
Schools
- Elementary district
- 1
- Middle district
- 1
- High school district
- 1
Taxes and ownership
- Annual taxes
- $614 (2025)
- Ownership
- Fee Simple w/ HO Assn.
- Possession
- Closing
Listing details
- MLS number
- 12703543
- Status
- Active
- Property type
- Land
- Town
- Wilmington
- ZIP
- 60481
- Updated
- Aug 20, 2026
Estimate your payment
Term, years
Your monthly payment will be
$448
Principal, interest, and estimated taxes.
Loan $60,000 Down $15,000
- Principal and interest
- $397
- Property taxes (2025, per the listing)
- $51
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 10:29 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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