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New Construction Homes for Sale in Peotone, IL

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    $415,000 Custom Home

    203 Hickory St, Peotone, IL 60468

    • 3 Beds
    • 2 Baths
    • 2,066 Sq Ft

    Brand new construction in the sought-after neighborhood of Meyer Glen! This thoughtfully designed 3-bedroom, 2-bath ranch offers a modern open floor plan filled with natural light, perfectly blending style and everyday functionality. Features includes luxury vinyl flooring throughout, two-panel interior doors, custom 42" upper kitchen cabinets with granite counter tops, breakfast bar island and

    Michelle Ward Coldwell Banker Real Estate Group

    203 Hickory St, Peotone, IL 60468
  • /3

    $2,000,000 Lot/Land

    31507 U S 45, Peotone, IL 60468

    • 50 Acres
    • $40,000 per Acre

    Prime 50-Acre Agricultural Opportunity with Exceptional Road FrontageFor Sale 31507 S Route 45, Peotone, IL | Will CountyUnlock the potential of this rare 50-acre parcel located on bustling Route 45 (LaGrange Road) in the heart of Will County. With an impressive 1,750 feet of frontage, this property offers high visibility and easy access, making it ideal for a variety of future

    Joseph Nugent Nugent Curtis Real Estate

    31507 U S 45, Peotone, IL 60468
  • /2

    $600,000 Lot/Land

    S Center Rd, Peotone, IL 60468

    • 20 Acres
    • $30,000 per Acre

    20 acres of level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL that would be great either for continued agriculture production or possible residential/mixed use development. With great, consistent soil, a PI of 124.8, and nearly 100% tillable acreage, it is a nice parcel for continued agricultural use. However, with a level and easy to clear

    Mark Goodwin Goodwin & Associates Real Estate, LLC

    S Center Rd, Peotone, IL 60468
  • /9

    $1,800,000 Lot/Land

    0 S Ridgeland Unit 21819390, Peotone, IL 60468

    • 120 Acres
    • $15,000 per Acre

    The 120 acres are located just north of the Peotone city limits with frontage on both S Governor's Highway and S Ridgeland Avenue and has a Soil PI of 121.7 with approximately 115.82 tillable acres. The farm is approximately one mile long from Rt. 50 to Ridgeland Ave. The site is outside the proposed South Suburban Airport. Currently there is a tenant in the farmhouse. The State of Illinois has

    Mark Goodwin Goodwin & Associates Real Estate, LLC

    0 S Ridgeland Unit 21819390, Peotone, IL 60468
  • /8

    $500,000 Lot/Land

    0 S Governors Hwy, Peotone, IL 60468

    • 10 Acres
    • $50,000 per Acre

    This is a 10 acre parcel that is being separated from a 70 acre parcel. It is the north tip of the property with good frontage on Governors Highway. Currently zoned agricultural but many potential uses. It is being farmed for the 2025 Growing Season.

    Laura Bugos-Komperda eXp Realty

    0 S Governors Hwy, Peotone, IL 60468
  • /7

    $36,000 Lot/Land

    114 Hickory St, Peotone, IL 60468

    • 0.29 Acre
    • $124,138 per Acre

    Discover the opportunity to build in the desirable Meyer Glen subdivision of Peotone, known for its peaceful setting, quality custom homes, and welcoming small-town atmosphere. This vacant parcel offers ample space to design and construct a home tailored to your needs, all within a neighborhood that reflects care, consistency, and long-term value. Conveniently located close to local parks,

    Ashley Toepper Exclusive Realtors

    114 Hickory St, Peotone, IL 60468
  • /4

    $300,000 Lot/Land

    Lot 015 S Rathje Rd, Peotone, IL 60468

    • 10 Acres
    • $30,000 per Acre

    10 Acres of beautiful farmland ready for development! Situated in Peotone's Business Redevelopment Distract, there may be some tax incentives for a developer. Perfect for a small farming operation, a storage facility, MMI growing site or housing. This parcel may be developed with the parcel located at the corner of Peotone Wilmington Road and Rathje Rd (currently listed by a different owner)

    Bud Caruso Coldwell Banker Realty

    Lot 015 S Rathje Rd, Peotone, IL 60468
  • /5

    $39,000 Lot/Land

    206 Hickory St, Peotone, IL 60468

    • 0.29 Acre
    • $134,483 per Acre

    Welcome to Peotone's Meyer Glen, where quiet streets, beautiful custom homes, and a true small-town feel come together. This spacious vacant lot offers the perfect canvas to bring your dream home to life. With generous dimensions and a prime location, you'll enjoy the freedom to design a layout that fits your lifestyle while being surrounded by well-maintained properties and pride of ownership.

    Ashley Toepper Exclusive Realtors

    206 Hickory St, Peotone, IL 60468
  • /2

    $600,000 Lot/Land

    Unlisted Address

    • 20 Acres
    • $30,000 per Acre

    20 acres of level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL that would be great either for continued agriculture production or possible residential/mixed use development. With great, consistent soil, a PI of 124.8, and nearly all tillable acreage, it is a nice parcel for continued agricultural use. However, with a level and easy to clear

    Rex Stengele Goodwin & Associates Real Estate LLC

    Unlisted Address
  • /7

    $275,000 Lot/Land

    Lot 002 Oriole Dr, Peotone, IL 60468

    • 1.56 Acres
    • $176,282 per Acre

    Exciting opportunity for development of this 1.5-acre parcel. Located just off of I-57 and Peotone Wilmington Rd. Peotone Wilmington Road is slated to expand to a strategic four lane highway. Immediately adjacent to McDonalds. Perfect for any fast food or restaurant site. Mini strip mall with drive through access. Village has approved medical cannabis dispensaries. Automotive facility. New travel

    Bud Caruso Coldwell Banker Realty

    Lot 002 Oriole Dr, Peotone, IL 60468
  • /4

    $800,000 Lot/Land

    0 W Wilmington Rd, Peotone, IL 60468

    • 10.37 Acres
    • $77,146 per Acre

    10 Acre corner lot along the anticipated Wilmington Peotone Road (5,600 vehicles daily!) four lane expansion! Located just off of Interstate 57 (32,000+ vehicles daily) and a thirty-minute drive to Chicago! Zoned B3 provides a wide variety of potential use. Fast food, hotel, strip center, retail, auto dealership, storage facility, service station, light manufacturing and much more! Come be part

    Bud Caruso Coldwell Banker Realty

    0 W Wilmington Rd, Peotone, IL 60468

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Peotone, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Peotone, IL hold their value?
Yes, especially in fast-growing areas of Peotone, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Peotone, IL

Housing Trends

Median Sale Price
$317,500
Median Single Family Sale Price
$325,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
4
Last 12 months Home Sales
48
Months of Supply
1.00
Median List Price
$332,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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