514 S Governors Highway, Peotone, IL

$650,000

Overview

  • 822399
  • Property ID
  • Updated On:
  • May 11, 2026

Description

Will County Peotone Location presents Endless possibilities! A Huge Corner Lot with High Visibility, Close to I-57, Will County Fair Grounds, Peotone Travel Center, and proposed Peotone Airport. This standalone building, Zoned B-3, sits on apx. 3/4 acre lot (33,718 Sq Ft of property) with apx. 50 parking spaces and a all-brick structure. This building and location has potential to be converted to a great Venue with outside patio, room for live music, slot machines etc. There are 2 dining areas, an office, and a large kitchen with food prep area! Use your imagination and take advantage of this opportunity to own a piece of real estate in this fast growing Will County area! Long time owner Retiring!

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Rubber
Service - 201 to 600 Amps

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$3,332.68
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,520.18

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Information for the property at 514 S Governors Highway, Peotone, IL, 60468 (Property ID: 822399) 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