Peotone, IL 60468
$600,000
Presented By: Goodwin & Associates Real Estate LLC
Home Details
20 acres of level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL that would be great either for continued agriculture production or possible residential/mixed use development. With great, consistent soil, a PI of 124.8, and nearly all tillable acreage, it is a nice parcel for continued agricultural use. However, with a level and easy to clear parcel, this property could also be a great site for residential or mixed-use development. Buying farmland outside Peotone, IL is a smart investment due to its prime location near expanding suburban development and key transportation routes, including proximity to I-57 and proposed infrastructure like the South Suburban Airport. The land is highly fertile, making it ideal for continued agricultural use with strong yield potential. At the same time, its increasing demand for residential and commercial expansion makes it a strategic choice for future development. With relatively affordable prices compared to areas closer to Chicago, it offers significant long-term value for both farming and building opportunities.
Presented By: Goodwin & Associates Real Estate LLC
Interior Features for
Bathrooms
Total Baths
General for
Additional Parcels Description1720033000130000
Additional Parcels Y/NYes
CityPeotone
CountyWill
Current UseAgricultural
Directions20 acres level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL for continued agriculture production or possible residential/mixed use development.
Elementary School District207U
High School District207U
MLS AreaPeotone
Middle/Junior School District207U
ModificationTimestamp2025-06-09T05:07:21.712Z
OwnershipFee Simple
PossessionClosing
Property TypeFarm
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount534.86
Tax Year2023
TownshipPeotone
UtilitiesUnknown (verify)
ZoningAGRIC
Exterior for
Frontage Length1305
Frontage TypeCounty Road
Lot Dimensions1305 X 633
Lot Size Acres20
Road Surface TypeAsphalt
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
