Farms/Ranches: MLS #12382434 Peotone, IL $ 600,000
Farms/Ranches: MLS #12382434
$ 600,000
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Farms/Ranches: MLS #12382434

Peotone, IL, 60468
$ 600,000
Baths0.0

Monthly Estimate*

$ 3,743

MLS #/Web ID: 12382434 - Image 1
Studio

Farms/Ranches for sale in Peotone, IL

for $600,000. The lot size is 20.

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.

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Farms/Ranches Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 534

Style

Agricultural

Lot Size

20

Town/City

Peotone

County/Region

Will

MLS | Web ID

12382434

Features
General
Utilities Unknown (verify)
Possession Closing
Zoning AGRIC
Township Peotone
Tax Year 2023
Current Use Agricultural
Ownership Fee Simple
Additional Parcels Description 1720033000130000
County Will
Property Type Farm Land
Status Active
Directions 20 acres level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone IL for continued agriculture production or possible residential/mixed use development.
City Peotone
High School District 207U
MLS Area Peotone
Tax Annual Amount 534.86
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 207U
Elementary School District 207U
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Exterior
Total Parking 0
Lot Dimensions 1305 X 633
Lot Size Acres 20
Road Surface Type Asphalt
Frontage Length 1305
Frontage Type County Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Goodwin & Associates Real Estate Llc

Broker

mark@bigfarms.com

Email

Affordability Calculator

$3,788
Per Month
99%
1%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$45
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
564916 Elementary School
567867 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2025$600,000 Listed Price

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