Real Estate Agent Linda Dunn

Linda Dunn REALTOR®

(815) 397-4040
Contact

Sign up to have new listings emailed daily    Sign Up   Log In

Property Search My Home Finder Contact Me
Refine Search

514 S Governors Highway, Peotone, IL 60468

$650,000
SAVE TOUR PROPERTY
  • 514 S Governors Highway, Peotone, IL 60468 Main Photo

7 Total Photos [Click to View All]

Active
SQUARE FEET3,292 MLS#12302415
STATUSActive PROPERTY TYPECommercial - Investment
TOUR PROPERTY
Call / TEXT TO ME / Print / Share / Email

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 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! Long time owner Retiring!

514 S Governors Highway | MLS# 12302415

This commercial property located at 514 S Governors Highway, Peotone, IL 60468 is currently listed for sale with an asking price of $650,000. Search Peotone real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.77 Acres
Roof Type: Rubber
Stories: 1.0
Taxes: $7,916

Feature Descriptions

Electric: Service - 201 to 600 Amps
Exterior: Brick
Frontage Type: City Street, State Road
HVAC: Gas
Location: Corner
Lot Dimensions: 200 X 71 X 254 X 229
Miscellaneous Indoor: Public Restroom/s
Parcel#: 1720244130460000
Parking: 31-50 Spaces

Listed By / Shown By

Listed By

Agency Name: Village Realty, Inc.
Agency Phone: 708-478-1212

Shown By

Agent Name: Linda Dunn
Agent Phone: (815) 397-4040
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 12:11:55 AM EST) or MRED MLS (last updated Tue 04/07/2026 12:05:00 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/06/2026 10:16:16 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/06/2026 2:10:12 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --