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514 S Governors Highway, Peotone, IL 60468
$650,000
514 S Governors Highway, Peotone, IL 60468View this property at 514 S Governors Highway, Peotone, IL 60468
514 S Governors HighwayPeotoneIL60468
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Property Description
Will County Peotone Location presents Endless possibilities! A Huge Corner Lot with High Visibility, Close to I-57, Will County Fair Grounds, Peotone Travel Center, and proposed Peotone Airport. This standalone building, Zoned B-3, sits on apx. 3/4 acre lot (33,718 Sq Ft of property) with apx. 50 parking spaces and a 5400 SQFT all-brick structure. This building and location has potential to be converted to a great Venue with outside patio, room for live music, slot machines etc. There are 2 dining areas, an office, and a large kitchen with food prep area! Use your imagination and take advantage of this opportunity to own a piece of real estate in this fast growing Will County area!
Full Property Details
Full Property Details for 514 S Governors Hwy
General
- Price: $650,000
- Taxes: $7,916 (2022)
- Status: Active
- Type: Business
- MLS ID: 11971681
- Updated: 2/29/2024
- Added to Site: 67 day(s) ago
Business
- Business Type: Restaurant
- Years in Business: 11 or More
Interior
- Interior Features: Public Restroom(s)
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Peotone
- County: Will
- Driving Directions: I-57 to Peotone exit, E. to Rt 50 (Governors HWY) N. to address.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Construction: Brick
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 5,400
Lot Features
- Lot Size (Sq. Ft.): 33,718
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 200 x 71 x 254 x 229
- Frontage: City Street, State Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $7,916.6
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Property ID: 1720244130460000
Listed by Village Realty, Inc.
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Schools
Schools serving 514 S Governors Hwy
School District:Peotone Community Unit School District 207u
Rating | Name | Grades | Distance |
---|---|---|---|
426 N Conrad St, Peotone, IL 60468 | K-3 | 0.9 mi | |
9526 W Manhattan Monee Rd, Frankfort, IL 60423 | 4-5 | 7.5 mi | |
1 Blue Devil Dr, Peotone, IL 60468 | 6-8 | 0.4 mi | |
605 W North St, Peotone, IL 60468 | 9-12 | 0.9 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 514 S Governors Hwy
Date
Details
Price
Change
Source
2/23/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 514 S Governors Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,917
-6%
$118,735
—
2020
$8,456
-4%
$118,735
—
2019
$8,832
-6%
$118,735
—
2018
$9,439
-1%
$118,735
—
2017
$9,503
-1%
$118,735
—
2016
$9,569
-4%
$118,735
—
2015
$9,944
-5%
$118,735
—
2014
$10,459
3%
$118,735
—
2013
$10,178
8%
$118,735
—
2012
$9,390
—
$118,735
—
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 514 S Governors Hwy
514 S Governors Highway, Peotone, IL 60468 (MLS# 11971681) is a Business property. 514 S Governors Highway is currently listed for $650,000 and was received on February 23, 2024. Want to learn more about 514 S Governors Highway? Do you have questions about finding other Business real estate for sale in Peotone? You can browse all Peotone real estate or contact a Coldwell Banker agent to request more information.