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Peotone, IL Homes for Sale

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  • /2

    $600,000

    • Land
    • 20 Acres
    • $30,000 per Acre

    S Center Rd, Peotone, IL 60468

    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
  • /29

    $409,900

    Open Sat 12PM - 2PM
    • 4 Beds
    • 2 Baths
    • 2,900 Sq Ft

    300 S Rathje Rd, Peotone, IL 60468

    Welcome to this beautifully updated split-level home in the heart of Peotone, offering the perfect blend of space, comfort, and location! Featuring 4 bedrooms with the potential to easily convert back to a 5th bedroom, this home provides flexibility for growing families, guests, or a home office setup. This beautiful home sits on just under half an acre. Step inside to find a well-maintained

    Ashley Toepper Exclusive Realtors

    300 S Rathje Rd, Peotone, IL 60468
  • /8

    $500,000

    • Land
    • 10 Acres
    • $50,000 per Acre

    0 S Governors Hwy, Peotone, IL 60468

    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
  • /29

    $390,000

    • 3 Beds
    • 1.5 Baths
    • 1,700 Sq Ft

    452 Manor Dr, Peotone, IL 60468

    **Short Sale** This charming tri-level home in Piatone, Illinois, features three spacious bedrooms and one-and-a-half baths, thoughtfully updated throughout. Upon entry, the front room boasts modern colors, updated flooring, and a decorative wooden ceiling accent. The kitchen, adjacent to the dining area, offers newer cabinets, countertops, and stainless-steel appliances (under three years old),

    Paul Kirkpatrick Exclusive Realtors

    452 Manor Dr, Peotone, IL 60468
  • /21

    $775,000

    536 Schroeder Ave, Peotone, IL 60468

    Outstanding opportunity to start or add to your investment portfolio! 6 unit building in the quiet and conveniently located town of Peotone. All units are 2 Bedroom and 1 Bath. Three of the units are fully remodeled featuring new kitchens, new bathrooms and new LVP flooring throughout. One unit has all new flooring. The building has a central boiler and one hot water tank. Complete tear off of

    Michelle Ward Coldwell Banker Real Estate Group

    536 Schroeder Ave, Peotone, IL 60468
  • /4

    $135,000

    $10K PRICE DROP
    • Land
    • 3.64 Acres
    • $37,088 per Acre

    28200 S Lagrange Hwy, Peotone, IL 60468

    3.64 acres with over 236 foot of frontage on US 45. (close to 28200 S. Lagrange Road) No address has been given to property, It is vacant land. There are only Will County Restrictions on Property. Property is zoned R2. Build Barndominium, tiny home or mansion. Horses welcome. Want to Take Truck Home, No Problem. Great Soil for Garden. 10 Minutes South of Frankfort. Far enough out to Watch the

    Gregory Clarke Clarke Co.,Inc. R.E.

    28200 S Lagrange Hwy, Peotone, IL 60468
  • /30

    $325,000

    $22K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    114 W Sumner Ave, Peotone, IL 60468

    Completely updated and move-in ready, this charming ranch in the heart of Peotone blends classic character with extensive modern upgrades. Originally a well-kept 3-bedroom home with a full finished basement and flexible living spaces, this property has been thoughtfully improved inside and out to meet today's expectations. The home now features a stunning kitchen and mudroom addition (2025) with

    David Geekie Village Realty, Inc.

    114 W Sumner Ave, Peotone, IL 60468
  • /7

    $38,000

    $2K PRICE INCREASE
    • Land
    • 12,632 Sq Ft
    • $131,034 per Acre

    114 Hickory St, Peotone, IL 60468

    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

    • Land
    • 10 Acres
    • $30,000 per Acre

    Lot 015 S Rathje Rd, Peotone, IL 60468

    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
  • /27

    $299,900

    $59K PRICE DROP
    • 3 Beds
    • 2 Baths

    313 E Corning Ave, Peotone, IL 60468

    STEP INTO TIMELESS ELEGANCE WITH THIS CLASSIC THREE BEDROOM TWO BATH HOME WHERE CHARACTER MEETS MODERN COMFORT. FEATURES STUNNING SOARING HIGH CEILINGS AND RICH HARDWOOD FLOORS THROUGHOUT. THIS RESIDENCE OFFERS AN AIRY INVITING ATMOSPHERE PERFECT FOR RELAXING AND ENTERTAINING. THE THOUGHTFULLY DESIGNED LAYOUT INCLUDES SPACIOUS BEDROOMS WHILE THE EXPANSIVE BASEMENT PROVIDES ENDLESS POSSIBILITIES

    Thomas Segers Century 21 Circle

    313 E Corning Ave, Peotone, IL 60468
  • /9

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft

    28432 S Route 45, Peotone, IL 60468

    This 1,400 sq. ft. two-story home is packed with tons of potential and is a fantastic opportunity for anyone looking to build quick equity. Whether you're a DIY enthusiast or searching for your next profitable rental property, the bones are here to make it happen. The home features a functional 3-bedroom layout and a basement suited for storage. The mechanicals are already ahead of the curve with

    Kody Lathus Exclusive Realtors

    28432 S Route 45, Peotone, IL 60468
  • /6

    $39,000

    • Land
    • 12,632 Sq Ft
    • $134,483 per Acre

    206 Hickory St, Peotone, IL 60468

    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

    • Land
    • 20 Acres
    • $30,000 per Acre

    Unlisted Address

    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

    • Land
    • 1.56 Acres
    • $176,282 per Acre

    Lot 002 Oriole Dr, Peotone, IL 60468

    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

    $200K PRICE DROP
    • Land
    • 10.37 Acres
    • $77,146 per Acre

    0 W Wilmington Rd, Peotone, IL 60468

    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
  • /38

    $850,000

    • 3 Beds
    • 2.5 Baths
    • 2,750 Sq Ft

    29440 S 104th Ave, Peotone, IL 60468

    This beautifully maintained Colonial estate offers an exceptional blend of classic charm and modern sophistication, set on a picturesque 10-acre corner lot with expansive frontage. Designed for those who appreciate privacy and tranquility. The property delivers a peaceful rural setting while remaining just a short drive from dining, shopping, and entertainment. . The home's interior reflects

    Gregory Clarke Clarke Co.,Inc. R.E.

    29440 S 104th Ave, Peotone, IL 60468
  • /33

    $485,000

    $15K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 2,200 Sq Ft

    1028 Louise Ln, Peotone, IL 60468

    This is the one you have been waiting for. Updated and charming three bedroom home with a full finished basement. From the moment you walk in, you notice all the natural light that flows through the home. The completely updated kitchen features newer stainless steel appliances, brand new cabinets with an abundance of cabinets, multiple pantry cabinets, painted butcher block top, new lighting and

    Cory Tanzer Option Premier LLC

    1028 Louise Ln, Peotone, IL 60468
  • /41

    $465,000

    • 4 Beds
    • 2.5 Baths
    • 2,800 Sq Ft

    617 The Hague, Peotone, IL 60468

    Welcome to this beautifully maintained home in desirable Ashburton Estates in Peotone, perfectly situated on a .37-acre corner lot! This spacious property offers 4 large bedrooms, 2.5 bathrooms, and over 2,800 sq ft of living space, featuring 9-foot ceilings, hardwood floors throughout, stainless steel appliances, and high-end quartz countertops. The kitchen and living areas flow seamlessly for

    Tiesha Campbell Coldwell Banker Realty

    617 The Hague, Peotone, IL 60468
  • /3

    $500,000

    $40K PRICE DROP
    • Land
    • 10.1 Acres
    • $49,505 per Acre

    Sec.32 W T 33n R 13e Rd, Peotone, IL 60468

    Discover endless potential on this 10.1-acre vacant corner parcel located at the Southeast corner of Ridgeland and Kennedy in Peotone, Will County. Featuring frontage access on both Ridgeland and Kennedy Roads, paved asphalt roads, and proximity to essential utilities, this property is zoned for both agricultural and residential use-offering multiple development options. Whether you envision

    Spyridoula Drimonas eXp Realty

    Sec.32 W T 33n R 13e Rd, Peotone, IL 60468

Why Live in Peotone

Peotone, located about 46 miles south of Chicago in Illinois, is a village in the rural far south suburbs known for its agricultural surroundings and small-town feel. The village features a variety of home styles, including late-19th and early 20th-century Victorians, farmhouses, American Foursquares, ranch-style homes, split-levels, and contemporary designs. Most residential lots have driveways, sidewalks, and shade trees, contributing to its walkable nature. Peotone's historical significance is highlighted by the Peotone Mill, a windmill built in 1872 now serving as a museum, and the village's small historical district. The Old Mill Fall Fest, an annual event, celebrates this heritage with music, antiques, and historically themed demonstrations. Downtown Peotone offers a range of businesses and dining options, including Cornerstone Coffee House, Corner Cafe, and Game On! Bar & Grill, which hosts various social events. For sweet treats, Archy’s Sweet Treats and Dolomiti provide ice cream and artisanal foods. The Peotone Park District offers amenities such as a playground, skate park, and walking trails, while the Will County Fairgrounds host events like the Will County Fair and Haunted Hollows Fest. Though Peotone lacks passenger rail services, it is accessible via State Route 50 and Interstate 57. The proposed South Suburban Airport remains a topic of debate, with environmental concerns and an uncertain future. The Peotone Community Unit School District serves local students, with schools receiving moderate ratings.

Frequently Asked Questions

What is the average home price in Peotone, IL?
Homes for sale in Peotone, IL have an average home price of $341,866.
How many homes have sold over the last 12 months in Peotone, IL?
50 homes have sold in Peotone, IL over the last 12 months.
What are the most popular zip codes in Peotone, IL?
The most popular zip codes in Peotone, IL include 60468, 60940, 60950, 60449 and 60423.
How much do you need to make to afford a house in Peotone?
The median home price in Peotone is $339,950. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $1,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Peotone. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Peotone, IL?
Peotone, IL has highly rated public and private schools. Some of the best schools in Peotone based on Niche Grades are Peotone Junior High School, Peotone Elementary School and Peotone Intermediate Center. Browse all the schools in Peotone, IL to learn more.

Home Trends in Peotone, IL

Housing Trends

Median Sale Price
$330,950
Median Single Family Sale Price
$334,450
Average Price Per Sq Ft
$171
Number of Homes for Sale
6
Last 12 months Home Sales
50
Months of Supply
1.40
Median List Price
$339,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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