NOT LISTED FOR SALE

7724 Joliet Rd Peotone, IL 60468

239.98 Acres
-- Price per Acre
10,453,530 Sq Ft Lot

Sale Details

Date Sold: May 7, 2024

Last sale price $3,250,000

327 Days on Market

About This Lot

As of May 2024

240 acres of vacant farmland for sale in Will County, IL. This property is a combination of three connecting parcels located just outside the city limits north of Peotone, IL. With an average Soil PI of 125.5, approximately 227.56 tillable acres, a large amount of road frontage/access, and close proximity to both a state highway and interstate, it is a prime location for continued agricultural use or possible redevelopment.

Last Agent to Sell the Property

Rex Stengele

Goodwin & Associates Real Estate LLC License #471003664 Listed on: 05/20/2023

Last Buyer's Agent

Mark Goodwin

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,758

Lot Details

  • 239.98 Acre Lot
  • Lot Dimensions are 2565x3948x2023x4237
  • Property fronts a county road
  • Additional Parcels
  • Property is zoned AGRIC

Farming

  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$6,758

Lot Details

239.98 Acres

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Farm
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: City Street, County Road
  • Waterfront: No

Utilities

  • Utilities: Unknown (verify)

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 239.98
  • Lot Dimensions: 2565X3948X2023X4237
  • Zoning: AGRIC
  • Lot Size: 100+ Acres
  • Special Assessments: U
  • Tillable Acreage: 227.56

Rental Info

  • Board Number: 20
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 6757.74
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Apr 30, 2024
Sold by
Bought by
Seller's Agent
Rex Stengele
Goodwin & Associates Real Estate LLC
Buyer's Agent
Mark Goodwin
List Price
$3,704,500
Sold Price
$3,250,000
Premium/Discount to List
-$454,500
-12.27%
Views
84

Purchase Details

Closed on
Feb 21, 2014
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$3,250,000 Fidelity National Title
-- None Available
Source: Public Records

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
05/07/2024 05/07/24 Sold $3,250,000 -12.3% --
04/12/2024 04/12/24 Pending -- -- --
06/15/2023 06/15/23 For Sale $3,704,500 +14.0% --
05/22/2023 05/22/23 Off Market $3,250,000 -- --
05/20/2023 05/20/23 For Sale $3,704,500 -- --
Source: Midwest Real Estate Data (MRED)

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
2024 $5,982 $95,399 $95,399 $0
2023 $5,268 $86,872 $86,872 $0
2022 $4,749 $78,792 $78,792 $0
2021 $4,509 $72,594 $72,594 $0
2020 $4,236 $65,578 $65,578 $0
2019 $4,121 $60,530 $60,530 $0
2018 $4,100 $55,987 $55,987 $0
2017 $3,819 $51,684 $51,684 $0
2016 $3,557 $48,450 $48,450 $0
2015 $2,941 $43,874 $43,874 $0
2014 $2,941 $41,551 $41,551 $0
2013 $2,941 $39,372 $39,372 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11788525

Midwest Real Estate Data (MRED)

APN: 17-20-13-300-001

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