Multifamily

Peotone, IL Multifamily Properties for Sale

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Manteno, IL Monee, IL Beecher, IL University Park, IL Grant Park, IL Frankfort, IL Manhattan, IL Bourbonnais, IL
Six-Unit Apartment Building
Updated: Feb 7
Six-Unit Apartment Building

536 Schroeder Avenue, Peotone, IL 60468

$775,000
0.30 AC lot
6‑unit apartment building with six 2‑bedroom, 1‑bath units
Three units remodeled with new kitchens, bathrooms, and LVP flooring
Complete roof and structure tear‑off completed in 2023
Fully remodeled common laundry area
Central boiler and one hot water tank
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 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 Brick Apartment Building
Six-Unit Brick Apartment Building

182 Mohawk Dr, Bourbonnais, IL 60914

$690,000

Three-story configuration includes coin-operated laundry, boiler heat, and a mix of one- and two-bedroom residences.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

178 Mohawk Dr, Bourbonnais, IL 60914

$690,000

A three-story property combines leased apartments with boiler heat and on-site coin laundry.

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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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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 1 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

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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