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Peotone Commercial Land Opportunity

28429 South Route 50 Peotone, IL 60468

28429 South Route 50, Peotone, IL, 60468
$449,900
For Sale
$449,900

3.5 acres with existing structures, ideal for commercial development.

Property Size146,793 SF
Lot Size3.50 Acres
Price / SF$3.06
Days on Market493

Property Features for 28429 South Route 50

General Information

Standard status
Active
Size
146,793 SF
Lot size
3.50 Acres

Building Details

Year Built
1976
Listing Agency McColly Rosenboom - B
Listed by Millie Zigtema · License #471019516
Source Compass
Added: Mar 14, 2025 Checked: Jul 17 at 3:33 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Rosenboom - B


Investment Insights

Based on property information with market context.

This property offers a business opportunity with 3.5 acres in unincorporated Will County, located on Governors Highway (RT 50), north of Peotone and south of Monee, approximately 35 miles south of Chicago. The property has about 565' frontage on Governors Highway (Rt 50) and 302' on S. Ridgeland Ave. Currently zoned C4, the site includes a four-unit apartment building and a mobile home. A second mobile home is present on the property and can be used for storage. Exterior painting on the four-unit apartment building was completed in November 2025. Intended use of the property should be verified with the Will County Land Use Department for building and zoning details. Certain commercial uses may require special use permits, even within a C-4 zone; consult county and local ordinances for specific intended uses. The property is sold "AS IS".

Key Highlights

  • 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)

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 3.5 acres with existing structures, ideal for commercial development.
Where is this commercial land located?
The property is located at 28429 South Route 50 Peotone, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 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)
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