120 W Main Street, Peotone, IL

$332,000

Overview

  • 179794
  • Property ID
  • Updated On:
  • April 11, 2026

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.

Climate Control
Air Conditioning
Other Features
Block
Central Air
Circuit Breakers
Concrete
Electric to Site
Electricity
Has Additional Parcels
Heat
Natural Gas Available
Other
Scavenger
Sewer
Sewer Connected
Water Available

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$1,702.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,287.23

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Information for the property at 120 W Main Street, Peotone, IL, 60468 (Property ID: 179794) 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