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$725,000
84,000
square ft

29837 S Route 50
Peotone, Illinois 60468

Closed / MLS #10656622 / Business / Peotone
Listing information updated 10/31/2021 at 6:03am
Presenting an exciting Investment opportunity! Over 4acres WITH buildings AND a long standing business, is being offered after over 40yrs of ownership. This apartment complex has a strong, long-term tenancy history, with new tenants waiting. This complex has the foundation and layout to expand to between 53 & 65 units on the first level alone! The current layout includes a combination of Studios, 1bed/1bath, 2bed/1bath, 2bed/2bath, 3bed/2bath. The new owner can live in a designated 'Owner's Unit' or you can offer this unit in your on-site Property Manager's compensation package. Call listing Broker directly, to schedule a tour or talk about the possibilities.
Lot Size:
4.0-4.99 Acres
Parking Spaces:
75
Cooling System:
Window Unit(s)
Stories:
1
Roof:
Composition,Rubber
Current Use:
Other
Business Use:
Hotel/Motel, Other
Zoning:
COMMR
Building Square Feet:
84,000
Tax Amount:
$11,530
Tax Year:
2018
Zip Code:
60468
City:
Peotone
County:
Will

Listing Office: Baird & Warner

Listing Office Phone: 708.460.1400

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/31/2021 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 listings have been excluded from this website.

$325,350
Average Sale Price
86
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 29837 S Route 50, Peotone, IL 60468
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29837 S Route 50, Peotone, IL 60468 is a business which sold for $725,000. This business has been listed on @properties Christie's International Real Estate since March 5th, 2020.

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