Search Land - 20 AC Peotone Twp

20 AC Peotone Twp

price

$600,000|Listed: May 27, 2024

MLS#1262121

location

S Center Road, Peotone, Will County, Illinois

Status:Active

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Property Type

  • Farm
  • Acreage
  • Agriculture Business

Acreage

20 acres

County

Will, Illinois

Format

Sale

Documents

Brochuredownload

Description

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.

Listing Agent

img

Mark Goodwin

Co-Op Member Owner

company

Goodwin & Associates Real-estate, LLC

location

Shorewood, Illinois

Co-op approved lenders in Will County, Illinois:
Farm Credit
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