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120 N Second Street, Peotone, IL 60468
$185,000 Sale Pending
120 N Second Street, Peotone, IL 60468View this property at 120 N Second Street, Peotone, IL 60468
120 N Second StreetPeotoneIL60468
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Property Description
Adorable duplex style commercial property in downtown Peotone! Affordably operate your business on one side while collecting rent from the other! Perfect for a small cafe, bakery, office space, hobby/craft store, gourmet grocery, butcher, etc. Plenty of parking right out front and additional parking behind the stores. Building is in excellent condition! Previously occupied by a salon with a gift shop but could easily be two units or perhaps even two stores and living quarters! TIF district and Business Development District. Roof, Electrical, and HVAC approximately 10 years. Don't miss the opportunity to own part of the beautiful Peotone business district, a major re-development coming soon!
Full Property Details
Full Property Details for 120 N 2nd St
General
- Price: $185,000
- Taxes: $4,079 (2021)
- Status: Pending
- Type: Commercial
- MLS ID: 11723649
- Updated: 3/29/2024
- Added to Site: 434 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Peotone
- County: Will
- Township: Peotone
- Driving Directions: Route 57 to Peotone Exit 327, East off the Exit, North on West St., East on Main St., North on Second St.
- Location Details: Out of Area, Central Business District, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Stories/Levels: 2
- Square Feet: 2,400
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 5,200
- Lot Dimensions: 40 x 130
- Zoning: OTHER
Financial Considerations
- Lease Price: $6
- Security Deposit: Other
- Assessment Year: 1890
- Tax Amount: $4,079.78
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
Disclosures and Reports
- Property ID: 7202421801600000
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Schools
Schools serving 120 N 2nd St
School District:Peotone Community Unit School District 207u
Rating | Name | Grades | Distance |
---|---|---|---|
426 N Conrad St, Peotone, IL 60468 | K-3 | 0.4 mi | |
9526 W Manhattan Monee Rd, Frankfort, IL 60423 | 4-5 | 6.9 mi | |
1 Blue Devil Dr, Peotone, IL 60468 | 6-8 | 0.5 mi | |
605 W North St, Peotone, IL 60468 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 N 2nd St
Date
Details
Price
Change
Source
2/22/2023
Listed
$185,000
23.33%
MLS
4/02/2007
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 N 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,922
-6%
$58,821
—
2020
$4,189
-4%
$58,821
—
2019
$4,375
-6%
$58,821
—
2018
$4,676
-1%
$58,821
—
2017
$4,708
-1%
$58,821
—
2016
$4,740
-4%
$58,821
—
2015
$4,926
-5%
$58,821
—
2014
$5,182
3%
$58,821
—
2013
$5,042
8%
$58,821
—
2012
$4,652
—
$58,821
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 N 2nd St
120 N Second Street, Peotone, IL 60468 (MLS# 11723649) is a Commercial property. 120 N Second Street is currently listed for $185,000 and was received on February 22, 2023. This property is listed by Bud Caruso from our Northwest Indiana Office.Want to learn more about 120 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.