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Peotone, IL Apartment Buildings for Sale

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Manteno, IL Monee, IL University Park, IL
Peotone Multifamily Property For Sale
Updated: Feb 7
Peotone Multifamily Property For Sale

536 Schroeder Avenue, Peotone, IL 60468

$775,000
0.30 AC lot
Boasting 12 bedrooms, this expansive property offers ample accommodation.
With 6 bathrooms, convenience is prioritized throughout.
Built in 1970.
Features a total of 18 rooms.
Geolocation available: -87.79365, 41.325054.
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Peotone Commercial Land Opportunity
Updated: Apr 30, 2025
Peotone Commercial Land Opportunity

28429 South Route 50, Peotone, IL 60468

$449,900
146,793 sqft · 3.50 AC lot
3.5 Acres in Unincorporated Will County with C4 Zoning
Excellent Location on Governors Highway (RT 50), North of Peotone and South of Monee, approximately 35 miles South of Chicago
Approximately 565' Frontage on Governors Highway (Rt50)
Existing 4‑Unit Apartment Building on the Property
Business Opportunity
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Peotone, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Retail & Apartment Building
Mixed-Use Retail & Apartment Building

49-63 N Main St, Manteno, IL 60950

$1,350,000
12,800 sqft

Mixed-use property in Manteno's central commercial area.

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Multifamily Investment Property in Manteno, IL
Multifamily Investment Property in Manteno, IL

382 N Birch Street, Manteno, IL 60950

$875,000

Well-maintained 8-unit multifamily property with updated features.

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Updated Condo in 55+ Building
Updated Condo in 55+ Building

6320 Pine Ridge Drive #1B, Tinley Park, IL 60477

$264,000

Move-in ready, updated 2-bedroom, 2-bath condo in Tinley Park.

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First Floor Condo with Garage
First Floor Condo with Garage

17960 Royal Oak Court #1N, Tinley Park, IL 60477

$227,000
1,100 sqft

Two-bedroom condo with garage, in-unit laundry, and updated features.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Peotone, IL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Peotone, IL on our real estate platform. These investment opportunities span a total of 146,793 square feet of properties for sale, with an estimated market value of $449,900.

Sale prices for two-family homes in Peotone, IL start at $449,900, averaging $449,900, and reaching up to $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,848
Population Growth (5Y) -3.2%
Median Household Income $101,618
College Educated 38.2%

High-Yield Neighborhoods for Investment

Identify Peotone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60468 $612.5K

Taxes & Financing

Tax Rate (average for all types) 6.44%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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