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  • $600,000

     Peotone, IL 60468

    --beds
    --baths
    20Acres
    Unimproved Land, Farm
    Built in ----
    20 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Level farmlandNearly all tillable acreageGreat consistent soilStrong yield potential
    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.
    206 days
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    18
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    0
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    Zillow last checked: 8 hours ago

    Listing updated: June 08, 2025 at 10:07pm

    Listing courtesy of:

    Mark Goodwin, ALC,CCIM 815-922-9222,

    Goodwin & Associates Real Estate LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12382434MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 1305
    Lot
    • Size: 20 Acres
    • Dimensions: 1305 X 633
    Details
    • Additional parcels included: 1720033000130000
    • Parcel number: 1720033000140000
    • Zoning: AGRIC
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Unknown (verify)

    Community & HOA

    Location
    • Region: Peotone

    Financial & listing details

    • Annual tax amount: $534
    • Date on market: 6/3/2025
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    6/3/2025Price change$600,000+100%
    Source: MRED as distributed by MLS GRID #12382434 Report a problem
    5/29/2025Listed for sale$300,000-75%
    Source: MRED as distributed by MLS GRID #12378323 Report a problem
    4/11/2024Sold$1,200,000
    Source: MRED as distributed by MLS GRID #11982975 Report a problem
    2/23/2024Pending sale$1,200,000
    Source: MRED as distributed by MLS GRID #11982975 Report a problem
    2/16/2024Listed for sale$1,200,000
    Source: MRED as distributed by MLS GRID #11982975 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 60468

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 207U

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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