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514 S Governors Highway

Peotone, IL 60468
  • $650,000
  • STATUS: Active
  • ON SITE: 326 Days
  • MLS #: 11971681
UPDATED: 79 min ago
$650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Business Opportunity
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Area:

School Ratings & Info

Description

Will County Peotone Location presents Endless possibilities! A Huge Corner Lot with High Visibility, Close to I-57, Will County Fair Grounds, Peotone Travel Center, and proposed Peotone Airport. This standalone building, Zoned B-3, sits on apx. 3/4 acre lot (33,718 Sq Ft of property) with apx. 50 parking spaces and a 5400 SQFT all-brick structure. This building and location has potential to be converted to a great Venue with outside patio, room for live music, slot machines etc. There are 2 dining areas, an office, and a large kitchen with food prep area! Use your imagination and take advantage of this opportunity to own a piece of real estate in this fast growing Will County area!

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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 Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-15T10:00:38.343 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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514 S Governors Highway Peotone, IL 60468

  • Price: $650,000
  • Status: Active
  • On Site: 326 Days
  • Updated: 79 min ago
  • MLS #: 11971681
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Will County Peotone Location presents Endless possibilities! A Huge Corner Lot with High Visibility, Close to I-57, Will County Fair Grounds, Peotone Travel Center, and proposed Peotone Airport. This standalone building, Zoned B-3, sits on apx. 3/4 acre lot (33,718 Sq Ft of property) with apx. 50 parking spaces and a 5400 SQFT all-brick structure. This building and location has potential to be converted to a great Venue with outside patio, room for live music, slot machines etc. There are 2 dining areas, an office, and a large kitchen with food prep area! Use your imagination and take advantage of this opportunity to own a piece of real estate in this fast growing Will County area!
Exterior Features

Frontage Type City StreetState Road Lot Size .50-.99 Acre Outdoor Parking 31-50 Spaces Roof Rubber Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Gas Miscellaneous Inside Public Restroom/s

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2023 Annual Rent For Real Estate 0 Building Area Total 5400 Business Age 11+ Years Business Type Restaurant Corporate Limits Peotone Electric Service - 201 to 600 Amps Gross Profit Year 2023 Gross Sales Annual 0 Gross Sales Annual Year 2023 Location Corner Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesInventoryPhone NumberBusiness Name Tax Annual Amount 7916.6 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceRepairsScavengerSewer Type Bus / Bus w/Real Est Type Of Lease None Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Village Realty, Inc.: 708-478-1212.


© 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 Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-15T10:00:38.343 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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