Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    521 1st St Peotone, IL 60468-8975

    • Industrial land
    • 9.35 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 28, 2024
    $1,943,328
    Location Intelligence
    Property ID
    US28-0885061
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Black Diamond Pipe & Tube Inc / Pipe Supplier
    • BLACK Diamond / Steel Distributor

    Property Details for 521 1st St

    Lot size
    9.35 lot acres
    Property type
    Industrial land
    APN
    17-20-24-201-021-0010
    APU
    1720242010210010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Peotone
    County
    Will
    State
    Illinois
    Longitude
    -87.7902
    Latitude
    41.3397
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,892
    $120,386
    $0.00
    $120,386
    -
    $361,158
    $0.00
    $361,158

    Comparable in this City

    • Value Estimation by Request
      1.30 Acres

      Harlem Ave

      INDUSTRIAL - VACANT LAND • 1.30 Acres
      Harlem Ave, Peotone, IL 60468
      View Details
    • Value Estimation by Request
      0.50 Acres

      Wilmington-peotone Rd

      INDUSTRIAL - VACANT LAND • 0.50 Acres
      Wilmington-peotone Rd, Peotone, IL 60468
      View Details
    • Value Estimation by Request
      0.10 Acres

      Crawford St

      INDUSTRIAL - VACANT LAND • 0.10 Acres
      Crawford St, Peotone, IL 60468
      View Details
    • Value Estimation by Request
      0.96 Acres

      513 Tucker Rd

      INDUSTRIAL - VACANT LAND • 0.96 Acres
      513 Tucker Rd, Peotone, IL 60468-8937
      View Details
    • Value Estimation by Request
      36.65 Acres

      Egyptian Trl

      INDUSTRIAL - VACANT LAND • 36.65 Acres
      Egyptian Trl, Peotone, IL 60468
      View Details
    • Value Estimation by Request
      6.08 Acres

      Kedzie Ave

      INDUSTRIAL - VACANT LAND • 6.08 Acres
      Kedzie Ave, Peotone, IL 60468
      View Details

    Similar Nearby for Sale

    • $3,400,000

      Land For Sale Peotone, IL

      Land available for sale in Peotone, Illinois.
      10919 W Wilmington Rd, Peotone, IL 60468
      View Details
    • $3,704,500

      240 Acres Farmland in Will

      240 acres of farmland near Peotone, Illinois for sale.
      7724 W Joliet Rd, Peotone, IL 60468
      View Details
    • Contact for pricing

      Land For Sale Peotone

      Land available for sale in Peotone, Illinois.
      8409 W Wilmington Rd, Peotone, IL 60468
      View Details
    • $1,800,000
      130.00 Acres

      Peotone Farm: 130 Acres

      Prime agricultural land near Peotone, IL.
      0 Ridgeland Ave, Peotone, IL 60468
      View Details
    • $1,000,000
      10.00 Acres

      Prime Peotone Commercial Land

      10+ Acres, I-57 Proximity, High Traffic
      000 Wilmington Peotone Rd, Peotone, IL 60468
      View Details
    • $700,000
      1.37 Acres

      Peotone Commercial Land Outlot

      1.37-acre commercial lot, high traffic, I-57 access.
      411 88Th Ave, Peotone, IL 60468
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      59,677 SF

      Peotone Travel Center Outlot

      Prime 1.37-Acre Commercial Land
      411 88Th Ave, Peotone, IL 60468
      View Details
    • $300 /Mo
      1,200 SF

      Peotone Travel Center Restaurant Space

      Prime Bar/Restaurant, I-57 Corridor
      601 88Th Ave, Peotone, IL 60468
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    521 1st St
    Peotone, IL 60468-8975
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.