31260 S Rathje Road

Peotone, IL 60468

– beds
– baths
– sqft
~20 acre lot
– on site

20 Acres of beautiful farmland ready for development! Two parcels, one is ten acres, and the other is currently twelve acres. The owner will split off the Homestead and two acres of that parcel. Situated in Peotone's Business Redevelopment Distract, there may be some tax incentives for a developer. Perfect for a small farming operation, a storage facility or housing. This parcel may be developed with the parcel located at the corner of Peotone Wilmington Road and Rathje Rd (currently listed by a different owner) combining to a total just over 30 acres! There is a vacated piece of railroad property that is owned by the Village. It would require that the Village sell or donate the strip towards a development project. Be part of the exciting I-57 corridor developments!

Listing courtesy of MRED / Coldwell Banker Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Jan 27, 2025 •

MLS# 12275099 —

Location

Directions:

Peotone Wilmington Road to Rathje Rd. Property is on the West side of the street.
Location:

94015

The Property

Parcel Number:

1720262000140000
Property Type:

Farm
Lot Size Dimensions:

20 ACRES
Lot Size Acres:

20
Current Use:

Agricultural
Zoning:

AGRIC
Building On Land:

No
Frontage Type:

County Road
Frontage Length:

55
Waterfront:

false
Additional Parcels:

true
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

11225

The Listing

Special Listing Conditions:

None

Utilities

Utilities:

Electric Nearby

Schools

Elementary School District:

207U
Middle Or Junior School District:

207U
High School District:

207U

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/21/25 Jan 21, 2025	Listed / Active	MRED	$500,000

Want a closer look?

Go see 31260 S Rathje Road

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Peotone, IL

Similar sold homes

This plot of land located in Peotone, IL 60468 is currently for sale for $500,000. 31260 S Rathje Road is a – square foot plot of land with – beds and – baths that has been on Estately for 11 days. This plot of land is in the attendance area of Peotone High School, Peotone Jr High School, Peotone Elementary School, and Peotone Intermediate Center.

Listing courtesy of MRED, Coldwell Banker Realty, and Bud Caruso as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jan 27, 2025, 06:10 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.