Medical Premises

Peotone, IL Medical Office Space for Sale

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Manteno, IL Monee, IL University Park, IL Beecher, IL Frankfort, IL Grant Park, IL Manhattan, IL Bourbonnais, IL
Single-Tenant Medical Office
Updated: Apr 13
Single-Tenant Medical Office

431 S Governors Hwy, Peotone, IL 60468

Contact for pricing
3,214 sqft
3,214‑square‑foot veterinary medical office at 431 S Governors Hwy, Peotone, IL 60468
Single‑tenant net lease extends through June 2035
Two additional 7‑year renewal options follow the primary lease term
Uncapped CPI‑based increases through 2028, then fixed 2.5% annual escalations
South Governors Highway / Illinois Route 50 exposure with over 9,800 vehicles per day
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Single-Story Office Building
Updated: Apr 11
Single-Story Office Building

117 West Main Street, Peotone, IL 60468

Contact for pricing
Single‑story office building currently used as a chiropractic office and leased
Includes a reception area plus several offices and rooms with multiple potential uses
Well maintained in very good shape
Only the building is for sale
Nice size lot with frontage on Main Street
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See what stands out in Will County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Peotone, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Spa & Wellness Building
Freestanding Spa & Wellness Building

11240 W Laraway Rd, Frankfort, IL 60423

$3,950,000
4,800 sqft

Modern single-story facility with clinical areas, wellness amenities, parking, and commercial zoning.

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Freestanding Spa & Wellness Property
Freestanding Spa & Wellness Property

11240 W Laraway Road, Frankfort, IL 60423

$3,950,000
0.82 AC lot

One-story commercial facility with clinical and wellness areas, patient amenities, modern systems, and an expansive parking area.

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Bar And Grill With Office Unit
Bar And Grill With Office Unit

1361 Benton Street, Crete, IL 60417

$849,900
0.38 AC lot

Two-unit commercial property includes a dining area, full bar, separate entrance, and former dental office.

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Mixed-Use Property with Full Bar
Mixed-Use Property with Full Bar

1361 Benton Street, Crete, IL 60417

$849,900

Includes a dining area, gaming, and a separately entered second unit requiring improvements.

View details

Peotone, IL Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Peotone, IL on our real estate platform. These investment opportunities span a total of 3,214 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 2

Demographics Overview

Population 5,848
Population Growth (5Y) -3.2%
Median Household Income $101,618
College Educated 38.2%

Taxes & Financing

Tax Rate (average for all types) 6.44%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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