$600,000

Lot size20 Acres

Property typeLand

Listed by Mark Goodwin with Goodwin & Associates Real Estate LLC 815-922-9222

Overview

Active

Listed Jun 2, 2025

Updated Jul 3

20 acres of level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL that would be great either for continued agriculture production or possible residential/mixed use development. With great, consistent soil, a PI of 124.8, and nearly all tillable acreage, it is a nice parcel for continued agricultural use. However, with a level and easy to clear parcel, this property could also be a great site for residential or mixed-use development. Buying farmland outside Peotone, IL is a smart investment due to its prime location near expanding suburban development and key transportation routes, including proximity to I-57 and proposed infrastructure like the South Suburban Airport. The land is highly fertile, making it ideal for continued agricultural use with strong yield potential. At the same time, its increasing demand for residential and commercial expansion makes it a strategic choice for future development. With relatively affordable prices compared to areas closer to Chicago, it offers significant long-term value for both farming and building opportunities.

Other Property Details

Taxes: $535
Tax Frequency: Annually
Municipality: Peotone

Listed by Mark Goodwin with Goodwin & Associates Real Estate LLC 815-922-9222

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