10 Acres of beautiful farmland ready for development! Situated in Peotone's Business Redevelopment Distract, there may be some tax incentives for a developer. Perfect for a small farming operation, a storage facility, MMI growing site or housing. This parcel may be developed with the parcel located at the corner of Peotone Wilmington Road and Rathje Rd (currently listed by a different owner) combining to a total just over 20 acres! There is a vacated piece of railroad property that is owned by the Village. It would require that the Village sell or donate the strip towards a development project. Be part of the exciting I-57 corridor developments!
Active
$300,000
LOT 15 S Rathje Rd, Peotone, IL 60468
--beds
--baths
10Acres
Unimproved Land, Farm
Built in ----
10 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful farmland
- 153 days |
- 87 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: August 15, 2025 at 01:02am
Listing courtesy of:
Bud Caruso 815-933-9700,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12428773
Facts & features
Property
Features
- Frontage length: 55
Lot
- Size: 10 Acres
Details
- Parcel number: 1720262000150000
- Zoning: AGRIC
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby
Community & HOA
Location
- Region: Peotone
Financial & listing details
- Annual tax amount: $247
- Date on market: 7/24/2025
- 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 |
|---|---|---|
| 7/24/2025 | Listed for sale | $300,000 |
Source:  MRED as distributed by MLS GRID #12428773 Report a problem | ||
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: 1.7 mi
- 9/10Peotone Jr High SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Peotone High SchoolGrades: 9-12Distance: 1.5 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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