203 N Second Street, Peotone, IL

$200,000

Overview

  • 1063578
  • Property ID
  • Updated On:
  • May 23, 2026
  • 0 ft2
  • Property Lot Size

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!

Other Features
Block
Circuit Breakers
Composition
Electric to Site
Frame
Municipal Water
Natural Gas Available
None
Service - 101 to 200 Amps
Sewer Connected
Wood

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$1,025.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 775.44

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Information for the property at 203 N Second Street, Peotone, IL, 60468 (Property ID: 1063578) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi