201 N Second Street, Peotone, IL 60468

$175,000
  • 201 N Second Street, Peotone, IL 60468 Main Photo

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New to the Market Price Change Price Reduced by $1,575,000 on August 18th, 2026
LOT SIZE 30x92 MLS#12736063
STATUSPrice Change PROPERTY TYPELand - Commercial SCHOOLDistrict 207U

Property Description

Excellent redevelopment opportunity in the heart of Downtown Peotone! This centrally located property is situated within the community's beautifully renovated downtown district, offering an ideal setting for a new commercial or mixed-use development. The property is ready for redevelopment, and schematic plans for a proposed new development are included, providing a great starting point for an investor, developer, or owner-user looking to bring a new project to the downtown area. Take advantage of the property's central location, downtown visibility, and proximity to established businesses, dining, and community amenities. A unique opportunity to be part of the continued growth and revitalization of Downtown Peotone.

201 N Second Street | MLS# 12736063

This land located at 201 N Second Street, Peotone, IL 60468 is currently listed for sale with an asking price of $175,000. The property has approximately 0.06 Acres. N Second Street is located within the District 207U school district. Search Peotone real estate on www.gogambino.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.06 Acres
Taxes: $3,078

Feature Descriptions

Current Use: Commercial
Frontage: 30
Frontage Type: City Street
Lot Dimensions: 30x92
Parcel#: 1720242140260000
Road Surface: Asphalt
Township: Peotone
Utilities: Electricity Nearby

Local Schools

School District: District 207U

Listed By / Shown By

Listed By

Agency Name: McColly Bennett Real Estate
Agency Phone: 815-929-9381

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,102.45 per month $794.90 Principal & Interest $256.50 Property Tax $51.04 Homeowner's Insurance

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