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Property Description

20 acres of level farmland available at the corner of S Center Road and W Eagle Lake Road northwest of Peotone, IL that would be great either for continued agriculture production or possible residential/mixed use development. With great, consistent soil, a PI of 124.8, and nearly all tillable acreage, it is a nice parcel for continued agricultural use. However, with a level and easy to clear parcel, this property could also be a great site for residential or mixed-use development. Buying farmland outside Peotone, IL is a smart investment due to its prime location near expanding suburban development and key transportation routes, including proximity to I-57 and proposed infrastructure like the South Suburban Airport. The land is highly fertile, making it ideal for continued agricultural use with strong yield potential. At the same time, its increasing demand for residential and commercial expansion makes it a strategic choice for future development. With relatively affordable prices compared to areas closer to Chicago, it offers significant long-term value for both farming and building opportunities.

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 5:18PM

Listing Office:

Goodwin & Associates Real Estate LLC : 815-741-2226

Listing Agent:

Mark Goodwin : 815-922-9222

MLS ID:

12382434

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: AsphaltCounty Road
• Originating MLS: mred
• School District: 207U
• County: Will

Lot

• Zoning: AGRIC1720033000140000
• Current Use: Agricultural

Utilities

• Utilities: Unknown (verify)

Financial

• Source: mred
• Ownership: Fee Simple