198 Acres Peotone Farm
Vacant Land
for Sale
| Catylist Listing ID: |
30630199 |
| Property Subtypes: |
Agricultural, Other
|
| Gross Land Area: |
198 Acres
|
| Sale Price: |
$1,623,600 |
| Unit Price: |
$8,200 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/19/2021 |
Overview / Comments
This 198 acre parcel is located east of downtown Peotone, Will county, Illinois This rolling farmland is immediately east of town on the Beecher Blacktop. Utilities are near the property. The farm sets within the outer boundary of the proposed Peotone Airport.
Peotone is a small rural community south of Chicago, between I-57 and Illinois Route 50. Residents enjoy the tranquility of country life-style. Homes range from turn of the century to new contemporary homes. The Village of Peotone is poised for growth and economic development. with its proximity to the I-57 interchange allows movement of raw materials and product.
Peotone is 20 minutes from a Metra station (Manhattan) which provides a short train ride to downtown Chicago. Shopping centers, restaurants and cultural venues are just a short drive away. A second Metra station is 10 miles north in University Park.
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Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
Will |
| Tax ID/APN: |
20-21-20-100-005 |
| Zoning: |
AGRICULTURE |
| Property Visibility: |
Good |
| Feet of Frontage: |
3,500 |
| Traffic/Vehicle Count: |
3,100 |
| Site Description: |
This property has 198 acres of rolling farm land. The Black Walnut Creek runs through the northwest section of the farm. |
| Zoning Description: |
Agriculture |
| Topography: |
Rolling |
| Soil Type: |
Loam |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
4,481 |
9,967 |
| Median Age: |
38.5 |
41.84 |
| Households: |
1,684 |
3,761 |
|
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