198 Acre Peotone Farm

Status:Active
County:Will
Township:Will
Address:S. Ridgeland Ave. Peotone IL 60468
Gross Land Area:198 Acres
 Hectare Conversion
Property Type:Vacant Farm Land
Possible Uses:Agricultural Production/Future Development
Total Investment:$1,623,600.00
 Monetary Conversion
Unit Price:$8200.00 per acre
Productivity Index (PI):126.9
Buildings:No Buildings on this Parcel


For more information contact:

Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

 

** New Listing **

198 Acre Peotone Farm
+ View Brochure

property alerts

Be alerted to new listings, changes in current listings, and closings as a way to keep your finger on the pulse of the land market.

Property Overview

This 198 acre parcel is located east of downtown Peotone, Will county, Illinois This rolling farmland is immediately east of town on the Beecher Blacktop. Utilities are near the property. The farm sets within the outer boundary of the proposed Peotone Airport. 

Peotone is a small rural community south of Chicago, between I-57 and Illinois Route 50. Residents enjoy the tranquility of country life-style. Homes range from turn of the century to new contemporary homes. The Village of Peotone is poised for growth and economic development. with its proximity to the I-57 interchange allows movement of raw materials and product.

Peotone is 20 minutes from a Metra station (Manhattan) which provides a short train ride to downtown Chicago. Shopping centers, restaurants and cultural venues are just a short drive away. A second Metra station is 10 miles north in University Park. 

+ View Brochure
+ View Property Disclaimer and Disclosure.
 
Will County Map

Property Video







Property Map

Property Gallery

Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image   Emoty Image  

Roadway Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Roadway Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Plat Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Plat Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL
Plat Map reprinted with permission of Rockford Map Publishers, Inc.

Area Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Area Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Aerial Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Aerial Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Soil Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Soil Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

FSA Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
FSA Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

USDA Map for 198 acres in Will Township, Will County Illinois   
USDA Map for 198 acres in Will Township, Will County Illinois

NVDI Soil Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
NVDI Soil Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Contours Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Contours Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Wetlands and Flood Zone Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
Wetlands and Flood Zone Map 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

FEMA Report 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL   
FEMA Report 198 Acre Peotone Farm, Peotone, Will Township, Will County, IL

Listing Details

 

General Information

Listing Name: 198 Acre Peotone Farm
Tax ID Number/APN: 20-21-20-100-005
Possible Uses: Agriculture and Future Development
Zoning: Agriculture A-1
 

Area & Location

School District: Peotone School District 207U
Peotone Elementary School
Peotone Junior High
Peotone High School
Location Description: This 198 acre parcel is located east of downtown Peotone, Will county, Illinois a small rural community south of Chicago, between I-57 and Illinois Route 50. Residents enjoy the tranquility of country life-style.

Homes range form turn of the century to new contemporary homes. The Village of Peotone is poised for growth and economic development. with its proximity to the I-57 interchange allows movement of raw materials and product.

Peotone is 20 minutes from a Metra station which provides a short train ride to downtown Chicago. Shopping centers, restaurants and cultural venues are just a short drive away.
Site Description: This property has 198 acres of rolling farm land. The Black Walnut Creek runs through the northwest section of the farm.
Side of Street: This 198 Acre Parcel sits South of Beecher Road and East of Ridgeland Ave.
Highway Access: I-57 interchange is located 3.5 miles to the west and south of the property off of West Wilmington Road.
Road Type: The roads north and west of the property are constructed of asphalt and black top
Property Visibility: The property sits at the intersection of Ridgeland Avenue and Beecher Road which has 3100 cars passing each day.
Largest Nearby Street: Beecher Road is the largest nearby street near this 198 acre parcel. Illinois Rt. 50 is one mile west of the farm.
Transportation: The Metra train station at University Park is approximately 10 miles north on IL Rt. 50. A second station is 20 minutes from west of the farm in Manhattan, IL.
 

Land Related

Lot Frontage (Feet): 3500 Feet of frontage along Beecher Road and 2500 feet along Ridgeland Ave.
Tillable Acres: This parcel has 187.9 acres of tillable land.
Lot Depth: This parcel is 3500 feet deep east to west and 2500 feet north to south along the west border and is 2650 feet deep along the eastern lot line.
Buildings: There are no buildings on this property.
Flood Plain or Wetlands: There are approximately 65 acres of this parcel that fall into FEMA Zone A, which is a 100 year Flood Zone. See the FEMA report included in the brochure for further information.

A small number of wetland acres are located along the Black Walnut Creek in the north west corner of the parcel.
Topography: The topography on this 198 acre farm is rolling with a variance of 22' from the lowest area to the highest. See the topography and contours maps in the brochure for more information.
FSA Data: DCP Cropland is 187.92 Acres
Corn Base is 94 acres, PLC Yield is 149 bushels per acre
Soybean Base is 92.8 acres, PLC Yield is 46 bushels per acre
Soil Type: Pella Silty Clay Loam (153A)
Varma Silt Loam (223C2)
Elliot Silt Loam (146B)
Elliot Silty Clay Loam (146B2)
Available Utilities: Public water and sanitary sewer is available through Aqua Illinois
 

Financials

Finance Data Year: 2018 taxes paid in 2019 and 2019 taxes are paid in 2020
Real Estate Taxes: $4771.22 in taxes were paid in 2019 or $24.10 per acre.
Investment Amount: The price to purchase this 198 acre parcel is $1,623,600.00 or $8,200 per acre.
 

Location

Address: South Ridgeland Avenue
Peotone, IL 60468
County: Will



MARK GOODWIN PROFESSIONAL BIOGRAPHY

It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?

Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.

Mark Goodwin Illinois Land Broker
For more information about property for sale in Peotone, Illinois (Will Township, Will County) contact:

Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com

Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.

property alerts

Be alerted to new listings, changes in current listings, and closings as a way to keep your finger on the pulse of the land market.