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31260 S Rathje Road

Peotone, IL 60468
  • $500,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 12275099
UPDATED: 57 min ago
$500,000
  • 0
    BEDS
  • 20
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Ratings & Info

School District:

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!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-21T23:00:47.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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31260 S Rathje Road Peotone, IL 60468

  • Price: $500,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 57 min ago
  • MLS #: 12275099
0
Beds
0
Baths
0
½ Baths
20
Acres
Neighborhood:
Will
County:
Will
Area:
Will
School District:
207U
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!
Exterior Features

Frontage Type County Road Lot Size 10.0-24.99 Acres Parking Total 0 Road Surface Type Asphalt Waterfront YN No

Interior Features

Basement Bathrooms YN No

Property Features

Additional Parcels YN Yes Building On Land No Corporate Limits Unincorporated Current Use Agricultural Farm Yes General Information None Mls Actual Status Active Ownership Fee Simple Special Listing Conditions None Tax Annual Amount 11225 Tax Year 2023 Township Peotone Type Land Utilities Electric Nearby Zoning AGRIC

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 815-933-9700.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-03-21T23:00:47.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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