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120 W Main StreetPeotone, IL 60468

Will County

$259,999List price
5,000Sq Ft
1930Year built
1Stories
7 months agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Office
Year built
1930
Stories
1
Building area
5,000 Sq Ft
Lot size
5,400 Sq Ft
Lot dimensions
36 X 150
Zoning
COMMR
Days on market
225
MLS® Listing#
12587874

Property Features

Cooling
Central Air
Flooring
Concrete · Other
Construction
Block
Utilities
Natural Gas Available · Sewer Connected · Water Available

Financial Details

Annual taxes
$2,851Tax year 2024
Parcel number
1720242230030000

Directions

RT 50 TO MAIN WEST TO BUILDING

Midwest Real Estate Data logo

Listing Courtesy: Village Realty Inc - 7084781212

Based on information submitted to the MLS GRID as of 2026-03-09T00:00:00.000Z. 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.

Last Updated: 2026-03-09T00:00:00.000Z

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