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120 W Main Street

Peotone, IL 60468
  • $332,000
  • STATUS: Active
  • MLS #: 12587874
Price Reduced
UPDATED: 33 min ago
$332,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Nestled in the heart of historic downtown Peotone on Main Street, this versatile 4,213-square-foot commercial building offers excellent visibility and tremendous potential for a variety of uses. The main level features approximately 2,625 square feet of beautifully finished, move-in-ready office or retail space, complemented by additional garage and storage areas. Recently remodeled with a brand-new roof, updated HVAC system, fresh flooring, and modern finishes throughout the first floor, the property is in excellent condition and ready for immediate occupancy. Currently owner occupied, but will vacant prior to closing. Ideal for retail storefronts, professional offices, service businesses, or creative commercial ventures, the main level benefits from strong downtown foot traffic and Peotone's charming small-town appeal. The entire second floor has been gutted to the studs, providing a clean slate for future expansion-whether you choose to add income-generating apartments, more office space, additional storage, or another creative use. This rare combination of recent upgrades, prime location, flexible upper-level potential, and smooth transition to vacancy makes 120 W Main Street an outstanding opportunity for owner-occupants or investors looking to grow in one of Will County's most desirable downtown districts.

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© 2026 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 Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-18T15:09:32.037 UTC. 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 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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120 W Main Street Peotone, IL 60468

  • Price: $332,000
  • Status: Active
  • On Site: Days
  • Updated: 33 min ago
  • MLS #: 12587874
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Nestled in the heart of historic downtown Peotone on Main Street, this versatile 4,213-square-foot commercial building offers excellent visibility and tremendous potential for a variety of uses. The main level features approximately 2,625 square feet of beautifully finished, move-in-ready office or retail space, complemented by additional garage and storage areas. Recently remodeled with a brand-new roof, updated HVAC system, fresh flooring, and modern finishes throughout the first floor, the property is in excellent condition and ready for immediate occupancy. Currently owner occupied, but will vacant prior to closing. Ideal for retail storefronts, professional offices, service businesses, or creative commercial ventures, the main level benefits from strong downtown foot traffic and Peotone's charming small-town appeal. The entire second floor has been gutted to the studs, providing a clean slate for future expansion-whether you choose to add income-generating apartments, more office space, additional storage, or another creative use. This rare combination of recent upgrades, prime location, flexible upper-level potential, and smooth transition to vacancy makes 120 W Main Street an outstanding opportunity for owner-occupants or investors looking to grow in one of Will County's most desirable downtown districts.
Exterior Features

Frontage Type City Street

Interior Features

Cooling Central Air Flooring ConcreteOther Heat Ventilation Forced AirGas Miscellaneous Inside Private Restroom/sStorage InsideBasement Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 5000 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/sSmoke or Fire ProtectorsCarbon Monoxide Detector(s) Geographic Locale Southwest Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 5000 Location Central Business District Mls Actual Status Active Net Operating Income 0 Number Of Tenants 1 Operating Expense 0 Ownership Types Individual Possible Use CommercialRetailSingle Room Occupancy Property Offered For Sale Only Property Sub Type Office Seller Needs Cash Tax Annual Amount 2851 Tax Year 2024 Tenant Pays ElectricityHeatScavengerSewer Total Monthly Income 0 Township Peotone Type Office/Tech Utilities Electric to SiteNatural Gas AvailableSewer ConnectedWater Available Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Village Realty Inc: 708-478-1212.



© 2026 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 Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-18T15:09:32.037 UTC. 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 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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Bloomington IL, 61704