Residential Income

Peotone, IL Residential Income 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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Peotone, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

127 West Taylor Street, Grant Park, IL 60940

Contact for pricing
6,609 sqft

Combines residential units with office and light warehouse space in one multi-component commercial building.

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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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Residential Income Property with Attached Garage
Residential Income Property with Attached Garage

100-102 W Greenwood Street, Grant Park, IL 60940

$180,000

Built in 1974, the property includes an attached garage and electric service.

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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.

Land Parcel Near Downtown Monee
Land Parcel Near Downtown Monee

5147 W Jason Drive, Monee, IL 60449

$60,000

Over 1 acre lot, build your dream home!

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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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Residential Lot in University Park
Residential Lot in University Park

735 Union Drive, University Park, IL 60484

Contact for pricing
0.15 AC lot

0.15-acre residential lot in peaceful Wood Hills Ridgeview subdivision.

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Vacant Lot on Central Park
Vacant Lot on Central Park

Richton Park, IL 60466

$72,900
3.95 AC lot

3.95 acre vacant lot suitable for single-family or duplex development.

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Peotone, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Peotone, IL on our real estate platform.

Sale prices for residential investment 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
Multifamily properties 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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