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$775,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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Outstanding opportunity to start or add to your investment portfolio! 6 unit building in the quiet and conveniently located town of Peotone. All units are 2 Bedroom and 1 Bath. Three of the units are fully remodeled featuring new kitchens, new bathrooms and new LVP flooring throughout. One unit has all new flooring. The building has a central boiler and one hot water tank. Complete tear off of the entire roof and structure 2023. Fully leased, great value and potential to add opportunity. There is a fully remodeled common laundry area for the tenants, and plenty of parking. The location offers residents quick and convenient access to I-57 and Route 50.

Full Property Details for 536 Schroeder Ave

General

  • Price: $775,000
  • HOA FEE: $3,244
  • Taxes: $10,232 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12563055
  • Updated: 2/8/2026
  • Added to Site: 2 day(s) ago

Location

  • Area: Peotone
  • County: Will
  • Township: Peotone
  • Driving Directions: South on I-57, left off highway onto Wilmington Rd, left on Schroeder, property is on the left.

Heating & Cooling

  • Heating Type: Gas, Baseboard, Radiant

Utilities

  • Trash: 1244

Structural Information

  • Stories/Levels: 2
  • Current Bldg. Use: Condominium
  • Year Built: 1970
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Dimensions: 172 x 100

Financial Considerations

  • Maint. Fee: $3,244
  • Insurance Fee: $2,950
  • Operating Expenses: $31,923
  • Other Fee: $1,876
  • Assessment Year: 1970
  • Tax Amount: $10,232.64
  • Tax Year: 2024
  • Tenant Pays: Electricity
  • Pays Electric: 2452
  • Pays Trash: 1244

Disclosures and Reports

  • Property ID: 1720244110121001

Listed by Coldwell Banker Real Estate Group

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Listing agents

— 536 Schroeder Ave —

  • Coldwell Banker Real Estate Group

  • Coldwell Banker Real Estate Group

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 536 Schroeder Ave

School District:Peotone Community Unit School District 207u
NameGradesDistance
Peotone Elementary School
426 North Conrad Avenue, Peotone, IL 60468
K-30.9 mi
Peotone Intermediate Center
9526 West Manhattan-Monee Road, Frankfort, IL 60423
4-57.5 mi
Peotone Jr High School
1 Blue Devil Drive, Peotone, IL 60468
6-80.4 mi
Peotone High School
605 West North Street, Peotone, IL 60468
9-120.8 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 536 Schroeder Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/07/2026
Listed
$775,000
64.89%
MLS
3/27/2023
Sold
$470,000
—
Public Record
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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 for 536 Schroeder Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,716
2%
$28,017
8%
2023
$1,681
8%
$25,875
11%
2022
$1,556
—
$23,343
8%
2022
$1,556
7%
$21,572
5%
2020
$1,459
-4%
$20,486
—
2019
$1,524
-6%
$20,486
—
2018
$1,629
7%
$20,486
8%
2017
$1,521
1%
$18,999
2%
2016
$1,501
-1%
$18,626
3%
2015
$1,509
-5%
$18,013
—
2014
$1,587
2%
$18,013
-1%
2013
$1,555
1%
$18,142
-7%
2012
$1,535
—
$19,404
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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536 Schroeder Avenue, Peotone, IL 60468 (MLS# 12563055) is a Commercial property. 536 Schroeder Avenue is currently listed for $775,000 and was received on February 07, 2026. Want to learn more about 536 Schroeder Avenue? 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.

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