201 N Second Street Peotone, IL 60468

Property Photo: 201 N Second Street IL 60468

Listing Courtesy of:

Midwest Real Estate Data as distributed by MLS GRID / Listed By: Mccolly Bennett Real Estate

201 N Second Street Peotone, IL 60468

Active (1 Days)

$175,000 ^(USD)

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Description

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.

MLS #:
12736063

Taxes
$3,078(2025)

Type
Land

School District
207U

County
Will County

Listed By

Joseph Nugent, Mccolly Bennett Real Estate

Source
Midwest Real Estate Data
Last checked Aug 18 2026 at 7:25 PM GMT+0000

Bathroom Details

Utility Information

Utilities: Utility: Electricity Nearby

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Aug 18, 2026

Price Changed

$175,000

-90%

-$1,575,000

Aug 18, 2026

Listed

$1,750,000

Location

Map View | Street View

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*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

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Mortgage calculator estimates are provided by The Corcoran Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.

Based on information submitted to the MLS GRID as of 8/18/2026 19:25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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