Peotone, IL 60468,Address not disclosed
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$ 600,000
Est. payment | /mo

20 Acres Lot


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$ 600,000
Est. payment | /mo
Save

20 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12382434

Annual Tax Amount $534

Tax Year 2023

Lot Size 20.000 Acres

Lot Dimensions 1305 X 633

Property Sub-Type Land

Property Description

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.

Location

State IL

County Will

Area Peotone

Zoning AGRIC

Interior

Fireplace N

Exterior

Utilities Available Unknown (verify)

Building

Dwelling Type Land

Schools

School District 207U , 207U, 207U

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Mark Goodwin • Goodwin & Associates Real Estate LLC
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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