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201 N Second Street, 
Peotone, IL 60468

$175,000

—

Bed

—

Bath

-

Sq Ft

Land

Active

Listed by

Joseph Nugent

Mccolly Bennett Real Estate

Last updated:

October 1, 2026, 12:04 PM

MLS#

12736063

Source:

MLSNI

About This Land

201 N Second Street

Excellent redevelopment opportunity in the heart of Downtown Peotone! This centrally located property is situated within the community's beautifully renovated downtown district, offering an ideal setting for a new commercial or mixed-use development. The property is ready for redevelopment, and schematic plans for a proposed new development are included, providing a great starting point for an investor, developer, or owner-user looking to bring a new project to the downtown area. Take advantage of the property's central location, downtown visibility, and proximity to established businesses, dining, and community amenities. A unique opportunity to be part of the continued growth and revitalization of Downtown Peotone.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.00

MLS #:

12736063

Last Updated:

October 1, 2026, 12:04 PM

Finances & Disclosures

Finances

Price:

$175,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.