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S Ridgeland Ave Peotone, IL 60468

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For Sale
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120 acres of farmland near Peotone with development potential.

Type:Land
Lot size:
120.00 Acres
Added:
Oct 22, 2024
Days on Market:
532
Last Refresh:
Mar 17 at 1:13 pm

Property Features for S Ridgeland Ave

General Information

Standard status
Active
Lot size
120.00 Acres
Property subtype
Land

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Listing Contact
Mark Goodwin

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


Overview

Peotone Farmland Opportunity

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.
Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Map

City
Peotone
County
Will
State
Illinois
Longitude
-87.7645469
Latitude
41.3723954

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.
More about this property
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