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: 4/6/2021

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
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

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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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