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120 AC Peotone Route 50 Farm

$1,800,000

S Ridgeland Avenue, Peotone, IL 60468

Active
Last Updated: 10/22/2024

120 acres

Lot Area

Agriculture

Zoning

Details:
Lot Area:    120 acres
Zoning:    Agriculture
Highlights:
  • The farm has excellent future development potential. Anything from industrial use to commercial to residential.
  • Currently the farm is in Agricultural Production.
Description:

The 120 acres are located just north of the Peotone city limits with frontage on both S Governor's Highway and S Ridgeland Avenue and has a Soil PI of 121.7 with approximately 115.82 tillable acres. The farm is approximately one mile long from Rt. 50 to Ridgeland Ave. The site is outside the proposed South Suburban Airport. Currently there is a tenant in the farmhouse. The State of Illinois has funded engineering to design the interchange at I-57 and Eagle Lake road for access to the future airport. This 120 acre property is made up of a combined 80 acre and 40 acre parcels of farmland.

Buying land in Peotone, IL, is a great investment due to its small-town charm, proximity to Chicago, and potential for future growth. The area offers a peaceful rural setting while still being close enough to the city for easy access to urban amenities. With plans for infrastructure development, including the proposed South Suburban Airport, Peotone is poised for economic growth, making it an attractive option for those looking to invest in land.

Map:
Documents:
Title
120_AC_Peotone_Route_50_Farm.pdf
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Location
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