$1,800,000

0 S Ridgeland Unit 21819390 Peotone, IL 60468

Estimated payment $11,240/month

Total Views 91,815
120 Acres
$15,000 Price per Acre
5,227,200 Sq Ft Lot

About This Lot

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 funded engineering to design the interchange at I-57 and Eagle Lake road for access to the future airport. This 120 acre property is made up of a combined 80 acre and 40 acre parcels of farmland.

Buying land in Peotone, IL, is a great investment due to its small-town charm, proximity to Chicago, and potential for future growth. The area offers a peaceful rural setting while still being close enough to the city for easy access to urban amenities. With plans for infrastructure development, including the proposed South Suburban Airport, Peotone is poised for economic growth, making it an attractive option for those looking to invest in land.

Listing Agent

Mark Goodwin

Goodwin & Associates Real Estate, LLC Listed on: 10/22/2024

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include agriculture
  • Potential uses include agriculture, commercial, industrial, planned unit development

Utilities

  • 1 Water Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 708-726-9118
  • Listing Website: https://www.land.com/property/120-acres-in-will-county-illinois/21819390/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, Industrial, Planned Unit Development
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt

Lot Info

  • Current Use: Agriculture
  • Lot Description: Acreage

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 For Sale $1,800,000 -- --
Illinois Will County Peotone 60468

0 S Ridgeland Unit 21819390, Peotone, IL

For Sale

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Listing Agent
Mark Goodwin
Section Image
Goodwin & Associates Real Estate, LLC
(708) 726-9118