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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12428773MLS Provider

Lot 015 S Rathje RoadPeotone, IL 60468

Single Family · 10.00 Acres
$300,000 Active

Lot 015 S Rathje Road Overview

Time on Site:
340 days
Visits:
7

10 Acres of beautiful farmland ready for development! 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, MMI growing site 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 20 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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Lot 015 S Rathje Road Facts & Features

  • Type Single Family
  • Lot 10.00 Acres

Details

General

School Information

  • School District: 207U

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Peotone
  • Township: Peotone

Tax Information

  • Tax Annual Amount: $247.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1720262000150000
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: AGRIC

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 55
  • Frontage Type: County Road
  • Lot Size Acres: 10
  • Lot Size Dimensions: 10 ACRES
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby

Lot 015 S Rathje Road Neighborhood

Community

60468 (Peotone) Demographics

40
Median Age
83
Population Density (per sq. mile)
37%
College Educated
$84,934
Estimated Median Income
1,800
Estimated Total Home Owners
525
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 015 S Rathje Road Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 015 S Rathje Road Market Data

Based on the last 30 days in this zip code

$468,481
Average List Price
$232
Average Price per Square Foot
3
Properties Sold
47
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

Lot 015 S Rathje Road History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 24, 2025
7/31/2025Source: MRED Status Change
Active