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.
Price change
$175,000
201 N 2nd St, Peotone, IL 60468
--beds
--baths
2,760Square Feet
Unimproved Land
Built in ----
2,760 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Downtown visibilityCentrally located propertyCentral location
- 3 days |
- 53 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Joseph Nugent, ALC 815-509-9005,
McColly Bennett Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12736063
Facts & features
Property
Features
- Frontage length: 30
Lot
- Size: 2,760 Square Feet
- Dimensions: 30x92
Details
- Parcel number: 1720242140260000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby
Community & HOA
Location
- Region: Peotone
Financial & listing details
- Annual tax amount: $3,078
- Date on market: 8/18/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,862/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $175,000 |
Source:  MRED as distributed by MLS GRID #12736063 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 60468
Nearby schools
GreatSchools rating
- 7/10Peotone Elementary SchoolGrades: K-3Distance: 0.4 mi
- 8/10Peotone Jr High SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Peotone High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: 207U
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $200,0002 bd1 ba1k sqft203 N 2nd St, Peotone, IL 60468For Sale
- $203,900-- bd-- ba-- sqft205 N 2nd St, Peotone, IL 60468Off Market
- $--4,125 sqft121 N Second, Peotone, IL 60468Off Market
- $326,1003 bd3 ba2.8k sqft101 W North St, Peotone, IL 60468Off Market
- $19,245-- bd-- ba-- sqft204 N Railroad St, Peotone, IL 60468Off Market
- $--1 bd1 ba800 sqft126 N 2nd St #1, Peotone, IL 60468Off Market
- $--1 bd1 ba1.1k sqft126 N Second St, Peotone, IL 60468Off Market
- $25,0008,549 sqft206 N 2nd St, Peotone, IL 60468Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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