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203 N Second StreetPeotone, IL 60468

Will County

$200,000List price
1,085Sq Ft
1952Year built
0.06Acre lot
1Stories
4 months agoOn market

Description

This 2 bedroom home is in the heart of the downtown area of Peotone. This home could be used for services like a real estate office, insurance, antiques, hair dresser/barber or more (check on zoning uses). Purchase the home with additional properties and tear them down to build a restaurant/diner or other type of business acceptable to the zoning. This home is priced very reasonably for a commercial property! In the heart of Peotone, also, is the Will County Fairgrounds, Junior High School and park district with baseball fields, basketball courts, volleyball courts, skateboard park and playground. Also the historical landmark the Peotone Mill! Downtown there are such businesses as Cornerstone Coffee House, Daum Appliance & TV, Game On Bar & Grill, Dolimiti Sandwich Shop and Old National Bank. Other businesses around include Dralle Chevrolet & Buick, Fire Pit Bar & Grill, Berkots Super Foods, Kulacz & Sons Heating & Coolng, March Family Dentistry, Peotone Animal Hospital and Johnson's Greenhouse! Peotone High School is known for the agriculture department and the Future Farmers of America (FFA) plus the AP department! Come purchase this property and build your dream business here today!

Property Information

Property type
Commercial Sale
Sub-type
Office
Year built
1952
Stories
1
Building area
1,085 Sq Ft
Lot size
0.06 acres
Lot dimensions
26.5x92.42x27x92.44
Zoning
COMMR
Days on market
120
MLS® Listing#
12636685

Property Features

Cooling
None
Construction
Frame
Foundation
Block
Roof
Composition
Utilities
Natural Gas Available · Sewer Connected

Financial Details

Annual taxes
$2,335Tax year 2025
Parcel number
1720212140250000

Directions

Rt 50 to E Main St. turn west across RR tracks take 2nd right and turn north 1 block to subject property.

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Listing Courtesy: Coldwell Banker Realty - (815) 954-7761

Based on information submitted to the MLS GRID as of 2026-05-23. 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: 2026-05-23

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