240 AC Peotone Twp Farm
| Status: | Sold |
| County: | Will |
| Township: | Peotone |
| Address: | 7724 West Joliet Road Peotone IL 60468 |
| Gross Land Area: | 240 Acres |
| Hectare Conversion | |
| Property Type: | Vacant Farmland |
| Possible Uses: | Agriculture |
| Total Investment: | $3,704,500.00 |
| Monetary Conversion | |
| Unit Price: | $15,500 per acre |
| Sold Price: | $3,250,000 |
| Productivity Index (PI): | 125.5 |
| Buildings: | None, building have been removed. |
| Zoning: | Agriculture |
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.
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Property Overview
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Listing Details
General Information |
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| Listing Name: | 240 AC Peotone Twp Farm | |
| Tax ID Number/APN: | 160.00 AC: 17-20-13-300-001-0000 39.98 AC: 17-20-13-100-007-0000 40.00 AC: 17-20-13-100-006-0000 |
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| Possible Uses: | Agriculture Production | |
| Zoning: | Currently: A-1, Agriculture | |
Area & Location |
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| School District: | Peotone CUSD 207U: P-12 | |
| Location Description: | This property is located directly north of Peotone, IL, approximately 2 miles from exit 327 on I-57, and on the northeast corner of County Highway 20/South Joliet Road/S Rathje Road & West Joliet Road. | |
| Site Description: | This property is a combination of three connecting parcels: 160.00 acres, 39.98 acres, and 40.00 acres. It is currently zoned and used as vacant farmland with no buildings. | |
| Side of Street: | The property sets on the east side of County Highway 20/South Joliet Road and the north side of West Joliet Road. | |
| Highway Access: | This property has close access to State Highway 50 and I-57 via exit 327, with both approximately 2 miles away. US-45/US-52 is about 6 miles to the west. | |
| Road Type: | All surrounding roads are composed of asphalt/blacktop. | |
| Property Visibility: | The property is visible from County Highway 20/South Joliet Road/S Rathje Road and West Joliet Road. | |
| Largest Nearby Street: | County Highway 20/South Joliet Road and West Joliet Road | |
| Transportation: | This property is approximately 10 miles from the University Park Metra Station and 15 miles from the Manhattan Metra Station. Chicago Midway Airport is located about 42 miles away and 59 miles to O'Hare International Airport. | |
Land Related |
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| Lot Frontage (Feet): | The property has continuous frontage with County Highway 20/South Joliet Road and West Joliet Road that totals about 6,300 feet. | |
| Tillable Acres: | All three parcels combined have approximately 227.56 tillable acres. | |
| Buildings: | There are no buildings on this property. | |
| Zoning Description: | The property is currently zoned A-1, Agriculture. | |
| Flood Plain or Wetlands: | Please see included Wetlands Map provided by Surety Maps. | |
| Topography: | This property is mostly flat. Please see included topography maps provided by Surety Maps. | |
| Soil Type: | Soil is mostly comprised of: 49.2% Elliot silt loam (146B) 27.8% Ashkum silty clay loam (232A) Please see included Soil Map provided by Surety Maps for complete breakdown. |
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Financials |
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| Real Estate Taxes: | 2022 Taxes (Paid 2023): 160.00 AC: $4,749.12 39.98 AC: $1,022.32 40.00 AC: $986.30 Total 2022 Taxes: $6,757.74 |
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| Investment Amount: | $3,704,500.00 or $15,500.00 per acre | |
Location |
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| Address: | 7724 West Joliet Road, Peotone, IL 60468 | |
| County: | Will County | |
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
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.