The median home value in Peotone, IL is $212,700.
the county median home value of $269,000.
The national median home value is $308,980.
The average price of homes sold in Peotone, IL is $212,700.
Approximately 73% of Peotone homes are owned,
compared to 23% rented, while
4% are vacant.
Peotone real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Peotone real estate agent to arrange a tour today!
Learn more about Peotone.
Exceptionally maintained commercial property available in Peotone! The building is rented by an established restaurant with 1 1/2 year left on their lease & (2) 5-year option to renew with landlord approval. The tenant is great! Present rent gross lease $2,500 a month. The sale of the building comes with all of the restaurant equipment, most of which is newer. The roof was recently replaced and you will see that the building and all of it's components are in tip top shape. There are currently slot machines in the building. This is a free-standing building with 82 feet of frontage in a high visibility area next to Berkot's, CVS & other businesses. Drive through window is still in place. Large walk in cooler. Property works well for many types of business. Close to Metra, Easy access to Chicago via I-57. Peotone is up and coming! If you want to secure your spot on Harlem with this great investment property, schedule an appointment to see it today!
BEAUTIFULLY APPOINTED, FULLY EQUIPPED SALON IN DOWNTOWN PEOTONE FOR SALE (with second building at 214) OR LEASE (216 only) ~ 2 BUILDINGS (216 & 214 N SECOND ST) ON ONE PIN: purchase together and operate your business while collecting rent from your tenant, or lease the salon at 216 by itself ~ The SALON at 216 is approx 1,100 SF and features 3 stylist chairs, 2 pedicure chairs, a manicure desk, 2 hair washing stations, an aesthetician table, reception area, kitchenette (cocktail/snack station) w/refrigerator, bathroom, and laundry room w/washer & dryer ~ SALON WAS RECENTLY GUT-REHABBED including METAL ROOF, SIDING, HVAC, PLUMBING, ELECTRICAL, EQUIPMENT & FIXTURES, flooring, lighting, walls, doors, cabinetry, built-ins ~ Successful salon was operated on premises until April 2023, Peotone has clientele to easily support the business (other salons have been lost recently to retirements) ~ The approx 600 SF building at 214 is occupied by longtime tenant operating a massage business ~ HIGHLY VISIBLE CORNER LOCATION on the north end of Peotone's business district with plenty of public parking = all the convenience without the worry of parking lot maintenance ~ Zoned B-1 and in a TIF district (info on both included under 'Additional Info') ~ LEASING REQUIREMENTS include credit & background check, 2 month security deposit, owner to maintain equipment, tenant to pay all utilities, tenant to carry general liability insurance ~ GORGEOUS, MODERN, & RELAXING ATMOSPHERE, THIS TURNKEY BUSINESS IS AN INCREDIBLE OPPORTUNITY!
Adorable duplex style commercial property in downtown Peotone! Affordably operate your business on one side while collecting rent from the other! Perfect for a small cafe, bakery, office space, hobby/craft store, gourmet grocery, butcher, etc. Plenty of parking right out front and additional parking behind the stores. Building is in excellent condition! Previously occupied by a salon with a gift shop but could easily be two units or perhaps even two stores and living quarters! TIF district and Business Development District. Roof, Electrical, and HVAC approximately 10 years. Don't miss the opportunity to own part of the beautiful Peotone business district, a major re-development coming soon!