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
- 244 days |
- 221 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: January 23, 2026 at 09:07am
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: | ||
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.
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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.
Local experts in 60468
- Illinois
- Will County
- Peotone
- 60468
- LOT 15 S Rathje Rd




