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.
Active
$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
- 206 days |
- 18 |
- 0 |
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#: 12382434
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
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Price change | $600,000+100% |
Source: | ||
| 5/29/2025 | Listed for sale | $300,000-75% |
Source: | ||
| 4/11/2024 | Sold | $1,200,000 |
Source: | ||
| 2/23/2024 | Pending sale | $1,200,000 |
Source: | ||
| 2/16/2024 | Listed for sale | $1,200,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60468
Nearby schools
GreatSchools rating
- 7/10Peotone Elementary SchoolGrades: K-3Distance: 2.4 mi
- 9/10Peotone Jr High SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Peotone High SchoolGrades: 9-12Distance: 2.3 mi
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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