$600,000

S Center Rd Peotone, IL 60468

Estimated payment $3,968/month

Total Views 1,974
20 Acres
$30,000 Price per Acre
871,200 Sq Ft Lot

About This Lot

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 parcel, this property could also be a great site for residential or mixed-use development.

Buying farmland outside Peotone, IL is a smart investment due to its prime location near expanding suburban development and key transportation routes, including proximity to I-57 and proposed infrastructure like the South Suburban Airport. The land is highly fertile, making it ideal for continued agricultural use with strong yield potential. At the same time, its increasing demand for residential and commercial expansion makes it a strategic choice for future development. With relatively affordable prices compared to areas closer to Chicago, it offers significant long-term value for both farming and building opportunities.

Mark Goodwin

Listed on: 06/03/2025

Listing Provided By

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Office Phone: 708-740-2681
  • Listing Website: https://www.land.com/property/20-acres-in-will-county-illinois/23735131/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Map

Range of Values:

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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 Change Sq Ft Price
06/03/2025 06/03/25 For Sale $600,000 +100.0% --
06/03/2025 06/03/25 For Sale $300,000 -- --

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