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28429 Illinois 50
Peotone, IL 60468
Investment or Redevelopment Opportunity · Land For Sale
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3.50 AC
Investment Highlights
- 3.5-acre C4-zoned property with 565’ frontage on Governors Highway and 302’ on S. Ridgeland Ave.
- Just north of Peotone and south of Monee, about 35 miles from Chicago on Route 50.
- Features a four-unit building with recent exterior updates and two mobile homes, one for storage.
Executive Summary
Business Opportunity. 3.5 ACRES in Peotone , Unincorporated Will County! Great Location just North of Peotone and South of Monee on Governors Highway RT 50 . About 35 Miles South of Chicago. Current Zoning is C4. Property currently has a 4 unit apartment, Mobile Home, 2nd mobile on property is stripped and can be used for storage. The exterior painting on the 4 unit was just completed November 2025. Approximately 565' Frontage on Governors Highway (Rt50)and 302 ' on S. Ridgeland Ave. .The property is being sold "AS IS". For Building and use details check with the Will County Land Use Department / Building and Zoning for your intended use. Certain types of commercial uses may require special use permits even in a C-4 zone consult with county and local ordinances for your specific intended use. Go to County website for more information or call for link. Properties shown by appointment only , Please do not trespass and disturb tenants.
Property Facts
1 Lot Available
Lot
| Price | $620,817 CAD | Lot Size | 3.50 AC |
| Price Per AC | $177,376.29 CAD |
| Price | $620,817 CAD |
| Price Per AC | $177,376.29 CAD |
| Lot Size | 3.50 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $78,446 CAD | |
| Land Assessment | $57,227 CAD | Total Assessment | $135,673 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$57,227 CAD
Improvements Assessment
$78,446 CAD
Total Assessment
$135,673 CAD
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