Peotone Farmland
S Ridgeland Ave, Peotone, IL 60468
120 acres of farmland near Peotone with development potential.
Type:Land
Lot size:
120.00 Acres- Added:
- Oct 22, 2024
- Days on Market:
- 577
- Last Refresh:
- May 12 at 10:14 pm
Property Features for S Ridgeland Ave
General Information
- Standard status
- Active
- Lot size
- 120.00 Acres
- Property subtype
- Land
Listing agent Mark Goodwin License #IL 471.003664
Listing office Big Farms
Listing date Oct 22, 2024
Source Crexi
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 Big Farms
HighLights
- 115.82 tillable acres with a Soil PI of 121.7, indicating high‑quality farmland.
- 120 acres of land with frontage on both S Governor's Highway and S Ridgeland Avenue.
- Located just north of Peotone city limits, offering a balance of rural setting and proximity to urban amenities.
- Outside the proposed South Suburban Airport site.
- Potential for future economic growth due to planned infrastructure development in Peotone.
- Comprised of combined 80‑acre and 40‑acre parcels.
Overview
This 120-acre property, comprised of combined 80-acre and 40-acre parcels of farmland, is located just north of the Peotone city limits, offering frontage on both S Governor's Highway and S Ridgeland Avenue. The site is approximately one mile long, stretching from Rt. 50 to Ridgeland Ave. The land features a Soil PI of 121.7, with approximately 115.82 tillable acres. Currently, a tenant occupies the farmhouse. The site is located outside the proposed South Suburban Airport area. The State of Illinois has funded engineering to design the interchange at I-57 and Eagle Lake Road for access to the future airport. The property's location in Peotone, IL, offers a blend of small-town charm and proximity to Chicago, presenting potential for future growth. The area provides a peaceful rural setting while maintaining convenient access to urban amenities. With planned infrastructure development, including the proposed South Suburban Airport, Peotone is positioned for economic growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Map
- City
- Peotone
- County
- Will
- State
- Illinois
- Longitude
- -87.7645469
- Latitude
- 41.3723954
Nearby Similar for Sale
FAQs
What type of property is this?
Agricultural land / Farmland - 120 acres of farmland near Peotone with development potential.
Where is this agricultural land / farmland located?
The property is located at S Ridgeland Ave Peotone, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 115.82 tillable acres with a Soil PI of 121.7, indicating high‑quality farmland.; 120 acres of land with frontage on both S Governor's Highway and S Ridgeland Avenue.; Located just north of Peotone city limits, offering a balance of rural setting and proximity to urban amenities.
