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Peotone Multifamily Property For Sale
For Sale
$775,000

536 Schroeder Avenue, Peotone, IL 60468

MULTI_FAMILY - Peotone, IL

Property SizeContact for details
Lot Size0.30 Acres
Days on Market182

Property Features for 536 Schroeder Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 3, Bedroom 12, Bedroom 5, Bedroom 6, Bedroom 11
Directions South on I-57, left off highway onto Wilmington Rd, left on Schroeder, property is on the left.
Subdivision Peotone
Standard status Active
APN 1720244110121001
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10233

Building Details

Year built 1970
Floors in Building 2
Number of units 6
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Michelle Ward · License #475175374
Added: Feb 7 Changed: Aug 1 Last Checked: Aug 8 at 9:06PM
MLS# 12563055

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A multifamily property is available for sale in Peotone, Illinois. The lot size is approximately 0.3 acres. The property is located in Will County.

Key Highlights

  • Built in 1970
  • 12 bedrooms
  • 6 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

153
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property available in Peotone, Illinois.
Where is this apartment building located?
The property is located at 536 Schroeder Avenue Peotone, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Built in 1970; 12 bedrooms; 6 bathrooms
More about this property
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