Property profile

57 Wilmington Peotone Rd Peotone, IL 60468

OFF-MARKET
Land
19.37 ac lot
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Property summary

AI-generated overview

This exceptional 19.37-acre agricultural property presents a compelling investment opportunity in Peotone, Illinois. Strategically located near the intersection of I-57 and Peotone/Wilmington Road, this land boasts a highly desirable location with significant development potential. The property is zoned for agricultural use, offering flexibility for various farming operations or future development projects. Its proximity to a Shell gas station adds to its commercial viability. The expansive acreage provides ample space for a range of agricultural endeavors, or could be considered for other uses subject to local zoning regulations. Detailed surveys and soil reports are available upon request. The asking price for this prime piece of land is $570,000. This represents a rare chance to acquire a substantial parcel in a high-traffic area with excellent access to major transportation routes. The property's location offers easy access to both local amenities and regional transportation networks, making it an attractive proposition for both agricultural and potential commercial development. Serious inquiries are encouraged to explore the possibilities of this unique property. The legal description and survey are available for review. All information is deemed reliable but not guaranteed.

Property profile

Verified
Property type Land
Lot 19.37 ac (843,757 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

57 Wilmington Peotone Rd Peotone, IL 60468
Peotone metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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