Oriole Dr Peotone, IL 60468
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Oriole Dr
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-1.99 acre commercial lot in Peotone, Illinois (APN 1720261020020000), presents a remarkable investment opportunity. Zoned B3 Commercial, this fee simple property boasts a highly desirable location just off I-57 and Peotone Wilmington Road, a roadway slated for expansion to a four-lane highway. Its strategic placement offers unparalleled visibility and accessibility. The lot is immediately adjacent to a McDonald's, making it ideal for a fast-food restaurant or similar business. A mini strip mall with drive-through access is also envisioned. The Village of Peotone has approved medical cannabis dispensaries, further enhancing the area's commercial potential. The recent completion of a new travel plaza and the imminent opening of a Holiday Inn Express, coupled with the ongoing renovation of the downtown business district, signal significant growth and revitalization in Peotone. This property offers a unique chance to capitalize on this burgeoning market and become part of Peotone's exciting future. The lot's size allows for diverse development options, from a single-tenant building to a small commercial complex. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. The property is located at Oriole Dr, Peotone, IL 60468.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peotone
- County
- Will
- State
- Illinois
- Longitude
- -87.8158
- Latitude
- 41.3232
