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$ 500,000
Est. payment /mo
Active
31260 S Rathje RD Peotone, IL 60468
20 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12275099
Annual Tax Amount $11,225
Tax Year 2023
Lot Size 20.000 Acres
Lot Dimensions 20 ACRES
Property Sub-Type Land
Property Description
20 Acres of beautiful farmland ready for development! Two parcels, one is ten acres, and the other is currently twelve acres. The owner will split off the Homestead and two acres of that parcel. Situated in Peotone's Business Redevelopment Distract, there may be some tax incentives for a developer. Perfect for a small farming operation, a storage facility or housing. This parcel may be developed with the parcel located at the corner of Peotone Wilmington Road and Rathje Rd (currently listed by a different owner) combining to a total just over 30 acres! There is a vacated piece of railroad property that is owned by the Village. It would require that the Village sell or donate the strip towards a development project. Be part of the exciting I-57 corridor developments!
Location
State IL
County Will
Area Peotone
Zoning AGRIC
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby
Building
Dwelling Type Land
Schools
School District 207U , 207U, 207U
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bud Caruso • Coldwell Banker Realty