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536 Schroeder Avenue Peotone, IL $ 775,000
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$ 775,000 Get more info
536 Schroeder Avenue
$ 775,000
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536 Schroeder Avenue

Peotone, IL, 60468
$ 775,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 4,772

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Multi-Family Home for sale in Peotone, IL

for $775,000 with 12 bedrooms. This home was built in 1970 on a lot size of 0.3.

Outstanding opportunity to start or add to your investment portfolio! 6 unit building in the quiet and conveniently located town of Peotone. All units are 2 Bedroom and 1 Bath. Three of the units are fully remodeled featuring new kitchens, new bathrooms and new LVP flooring throughout. One unit has all new flooring. The building has a central boiler and one hot water tank. Complete tear off of the entire roof and structure 2023. Fully leased, great value and potential to add opportunity. There is a fully remodeled common laundry area for the tenants, and plenty of parking. The location offers residents quick and convenient access to I-57 and Route 50.

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Multi-Family Active

Price

$ 775,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 10,232

Style

Condominium

Lot Size

0.3

Year Built

1970

Town/City

Peotone

County/Region

Will

MLS | Web ID

12563055
Features
General
Possession Closing
Year Built 1970
Tenant Pays Electricity
Stories Count 2
Township Peotone
Tax Year 2024
Current Use Condominium
Gross Income 84000
County Will
Net Operating Income 52077
Operating Expense 31923
Insurance Expense 2950
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 3244
Status Active
Directions South on I-57 left off highway onto Wilmington Rd left on Schroeder property is on the left.
City Peotone
Number Of Units Total 6
MLS Area Peotone
Tax Annual Amount 10232.64
Electric Expense 2452
Fuel Expense 3744
Trash Expense 1244
Water Sewer Expense 8074
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 172X100
Lot Size Acres 0.3
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

mward@coldwellhomes.com;mward@coldwellhomes.com

Email

Affordability Calculator

$5,624
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/7/2026$775,000 Listed Price

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536 Schroeder Avenue, Peotone, IL, 60468 is a Multi-Family Home for sale at $775,000 with a lot size of 0.3. 536 Schroeder Avenue has 12 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60468 which is in Peotone, IL

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