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$185,000

  • Sold
  • Closed
  • Commercial
  • 4,500 Sq. Ft.
  • 3 Parking Spaces
See This Home
Save This Home
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TIF AREA Mixed-Use Three Story Brick Building in DOWNTOWN Peotone! Approximately 4,500sf of space. First floor is currently an owner occupied photography studio. This unit still has the black-iron hood and venting system from the previous pizza tenant. The space has many other uses (dance studio, retail shop, restaurant, etc...) Zoning is B1. The second floor has two occupied apartments (a two bedroom and a one bedroom). The 3rd floor is a (vacant) large 2-bedroom apartment that's ready for your finishing touches. Plumbing, electric, heating and air conditioning have all been updated over the years. The roof is 5 years old. There is Plenty of public parking and a few on-site parking spots. This would be a great Live/Work building. Please check out the Village of Peotone website that shows the future planned development for this downtown location, you will want to be there.

Full Property Details for 113 N 2nd St

General

  • Sold For: $185,000
  • Taxes: $5,045 (2021)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 11461613
  • Added to Site: 1, 325 day(s) ago

Interior

  • Interior Features: Private Restroom(s), Basement

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Parking

  • Total Spaces: 3
  • Parking Features: 1 to 5 Spaces

Location

  • Area: Peotone
  • County: Will
  • Driving Directions: Governors Highway into Peotone, then to Main Street, go west, west to Second St... then turn north to the building
  • Location Details: South Suburban, Central Business District

Heating & Cooling

  • Cooling Type: Zoned
  • Heating Type: Electric, Forced Air, Gas

Structural Information

  • Construction: Brick, Other
  • Exterior Const.: Brick
  • Foundation: Stone, Other
  • Stories/Levels: 3
  • Square Feet: 4,500
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1889
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 3
  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 3
  • # Dryers: 1

Lot Features

  • Lot Size (Sq. Ft.): 3,031
  • Lot Dimensions: 30 x 79 x 39 x 17 x 108
  • Frontage: City Street
  • Potential Use: Condominium, Retail, Special Use, Other
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1889
  • Tax Amount: $5,045.88
  • Tax Year: 2021
  • Tenant Pays: Electricity, Heat, Varies by Tenant

Disclosures and Reports

  • Property ID: 1720242190040000

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— 113 N 2nd St —

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NMLS#: 1598647

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Schools serving 113 N 2nd St

School District:Peotone Community Unit School District 207u
NameGradesDistance
Peotone Elementary School
426 North Conrad Avenue, Peotone, IL 60468
K-30.5 mi
Peotone Intermediate Center
9526 West Manhattan-Monee Road, Frankfort, IL 60423
4-57 mi
Peotone Jr High School
1 Blue Devil Drive, Peotone, IL 60468
6-80.5 mi
Peotone High School
605 West North Street, Peotone, IL 60468
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 113 N 2nd St

Date
Details
Price
Change
Source
5/15/2023
Sold
$185,000
-13.91%
MLS
11/27/2022
Price Reduced
$214,900
-14.04%
MLS
10/20/2022
Price Reduced
$250,000
-9.09%
MLS
10/06/2022
Price Reduced
$275,000
-8.03%
MLS
9/28/2022
Price Reduced
$299,000
-8%
MLS
7/11/2022
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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113 N Second Street, Peotone, IL 60468 (MLS# 11461613) is a Commercial property that was sold at $185,000 on May 15, 2023. This property was listed by George Chandler from our Southwest Office.Want to learn more about 113 N Second Street? Do you have questions about finding other Commercial real estate for sale in Peotone? You can browse all Peotone real estate or contact a Coldwell Banker agent to request more information.