Multifamily

Peotone, IL Multifamily Properties for Sale

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Peotone Multifamily Property For Sale
Updated: Feb 7
Peotone Multifamily Property For Sale

536 Schroeder Avenue, Peotone, IL 60468

$775,000
0.30 AC lot
Built in 1970
12 bedrooms
6 bathrooms
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Three-Unit Residential Income Property
Updated: Apr 11
Three-Unit Residential Income Property

201 West Main Street, Peotone, IL 60468

Contact for pricing
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
Basement studio apartment with kitchenette and bath; rents for $350/month
Newer boiler and water heater
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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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Peotone, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Six-Unit Apartment Building
Six-Unit Apartment Building

26045 South Oak Road, Monee, IL 60449

$849,995
12,500 sqft

All-electric systems place heat and hot-water costs with residents.

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Updated Four-Unit Apartment Building
Updated Four-Unit Apartment Building

374 Lynn Drive, Manteno, IL 60950

$470,000

Brick-and-vinyl multifamily property with refreshed interiors, rear parking, and full occupancy.

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Duplex With Updated Interiors
Duplex With Updated Interiors

5448 W Mill Street, Monee, IL 60449

$207,000

Two-unit property on a half-acre parcel with month-to-month occupancy and access to interstate routes and commuter rail.

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Manteno Mobile Home Community
Manteno Mobile Home Community

10557 N State Rte 50, Manteno, IL 60950

Contact for pricing
138,520 sqft 3.18 AC lot

31-site mobile home community with additional income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Peotone, IL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Peotone, IL on our real estate platform.

Sale prices for multifamily properties in Peotone, IL average $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Peotone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60468 $775K

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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