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Property view

302 16th Street, 
Mendota, IL 61342

$650,000


Bed


Bath


-

Sq Ft


Farm

Active

Listed by

Michelle Falesch

Keller Williams Infinity

Last updated:

May 22, 2026, 10:55 AM

MLS#

12589118

Source:

MLSNI

About This Home

302 16th Street

Rare opportunity for builders and developers to acquire 18 residential parcels in a thoughtfully planned neighborhood in Mendota, a growing community attracting buyers seeking affordability and small-town quality of life. The proposed layout includes a mix of generously sized homesites, with several oversized corner lots ideal for ranch-style homes and wider footprints, while interior parcels are well suited for traditional two-story residences. The plan emphasizes efficient land use, attractive streetscapes, and strong resale appeal while supporting a variety of housing styles that complement the character of the area. An additional advantage for builders: if basements are constructed, excavated soil can potentially be relocated to approximately 14 acres owned by the seller directly across the street, offering a convenient solution for site management. With continued community growth, supportive municipal leadership, and increasing demand from buyers relocating from higher-cost regions, this offering presents a compelling development opportunity in an underserved housing market.

Home Facts

Farm

Price Summary

650,000

MLS #:

12589118

Last Updated:

May 22, 2026, 10:55 AM


Lot

Lot Size (Sq. Ft):

200,375


Finances & Disclosures

Finances

Price:

$650,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.