201 N Second St Peotone, IL 60468
Peotone AreaEstimated payment $1,218/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,078
Lot Details
- Lot Dimensions are 30x92
- Property is zoned COMMR
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,477 | $10,366 | ||
| 2024 | $1,341 | $9,873 | ||
| 2023 | $1,341 | $30,100 | $6,020 | $24,080 |
| 2022 | $1,320 | $21,200 | $4,240 | $16,960 |
| 2021 | $1,345 | $18,810 | $3,760 | $15,050 |
| 2020 | $1,289 | $18,500 | $3,700 | $14,800 |
| 2019 | $1,274 | $17,300 | $3,460 | $13,840 |
| 2018 | $1,167 | $15,700 | $3,140 | $12,560 |
| 2017 | $1,153 | $12,920 | $2,580 | $10,340 |
| 2016 | $1,102 | $12,720 | $2,540 | $10,180 |
| 2015 | $1,047 | $12,470 | $2,490 | $9,980 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $175,000 | -90.0% | -- |
| 08/18/2026 08/18/26 | For Sale | $1,750,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | Homestar Title Co | |
| Warranty Deed | $49,000 | Attorney | |
| Warranty Deed | $5,000 | None Available | |
| Interfamily Deed Transfer | -- | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,300 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12736063
APN: 17-20-24-214-026
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