Search
Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

201 West Main Street, Peotone, IL 60468

Triplex with three rented units, featuring original woodwork and separate living areas across main level, upstairs, and basement.

Property SizeContact for details
Days on Market142

Property Features for 201 West Main Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: McColly Rosenboom Bourbonnais
Listed By: Bruce Strysik · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 29 at 3:39AM

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 Bourbonnais

Investment Insights

Based on property information with market context.

This property is a triplex with three residential units arranged over the main level, upstairs, and basement. The main level includes two bedrooms, a dining room, a living room with a fireplace, a kitchen, and a bath. The upstairs unit has two bedrooms plus a large foyer, living room, dining room, kitchen, and bath. The basement contains a studio apartment with a kitchenette and a bath.

The property retains character with beautiful original wood throughout. It also has newer mechanical equipment, including a newer boiler and water heater. A detached two-car garage is included, along with a large storage shed.

Each unit is currently rented, creating an income stream tied to the three separate living configurations within the building.

Key Highlights

  • Triplex with 3 rented units: main level, upstairs, and basement studio apartment
  • Main level: 2 bedrooms plus dining room, living room with fireplace, kitchen, and bath; rented for $800/month
  • Upstairs unit: 2 bedrooms with large foyer, living room, dining room, kitchen, and bath; rented for $675/month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service Dental Office Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 60468, IL

6,112
Population
2,329
Households
2.6
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
69.6 sq mi
ZIP Area
88
Density / Sq Mi
$101,618
Median Household Income
$44,625
Median Earnings
$1,102
Median Rent
$282,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three rented units, featuring original woodwork and separate living areas across main level, upstairs, and basement.
Where is this triplex located?
The property is located at 201 West Main Street Peotone, IL.
What are key features of this property?
This property features: Triplex with 3 rented units: main level, upstairs, and basement studio apartment; Main level: 2 bedrooms plus dining room, living room with fireplace, kitchen, and bath; rented for $800/month; Upstairs unit: 2 bedrooms with large foyer, living room, dining room, kitchen, and bath; rented for $675/month
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message