There are multiple listings for this address:
This 2 bedroom home is in the heart of the downtown area of Peotone. This home could be used for services like a real estate office, insurance, antiques, hair dresser/barber or more (check on zoning uses). Purchase the home with additional properties and tear them down to build a restaurant/diner or other type of business acceptable to the zoning. This home is priced very reasonably for a commercial property! In the heart of Peotone, also, is the Will County Fairgrounds, Junior High School and park district with baseball fields, basketball courts, volleyball courts, skateboard park and playground. Also the historical landmark the Peotone Mill! Downtown there are such businesses as Cornerstone Coffee House, Daum Appliance & TV, Game On Bar & Grill, Dolimiti Sandwich Shop and Old National Bank. Other businesses around include Dralle Chevrolet & Buick, Fire Pit Bar & Grill, Berkots Super Foods, Kulacz & Sons Heating & Coolng, March Family Dentistry, Peotone Animal Hospital and Johnson’s Greenhouse! Peotone High School is known for the agriculture department and the Future Farmers of America (FFA) plus the AP department! Come purchase this property and build your dream business here today!
Property Details
Price:
$200,000
MLS #:
MRD12636347
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Office
Neighborhood:
peotone
Listed Date:
May 23, 2026
Finished Sq Ft:
1,085
Total Sq Ft:
1,085
Year Built:
1952
See this Listing
Schools
Interior
Cooling
None
Exterior
Construction Materials
Wood, Frame
Roof
Composition
Stories
1
Financial
Tax Year
2025
Taxes
$2,335
Map
Community
- Address203 N Second Street Peotone IL
- CityPeotone
- CountyWill
- Zip Code60468
Market Summary
Current real estate data for Single Family in Peotone as of Oct 08, 2026
15
Single Family Listed
59
Avg DOM
213
Avg $ / SqFt
$472,233
Avg List Price
Property Summary
- 203 N Second Street Peotone IL is a Single Family for sale in Peotone, IL, 60468. It is listed for $200,000 and features 2 beds, 1 baths, and has approximately 1,085 square feet of living space, and was originally constructed in 1952. The current price per square foot is $184. The average price per square foot for Single Family listings in Peotone is $213. The average listing price for Single Family in Peotone is $472,233.
Similar Listings Nearby

Copyright 2026. All rights reserved.
203 N Second Street
Peotone, IL
This 2 bedroom home is in the heart of the downtown area of Peotone. This home could be used for services like a real estate office, insurance, antiques, hair dresser/barber or more (check on zoning uses). Purchase the home with additional properties and tear them down to build a restaurant/diner or other type of business acceptable to the zoning. This home is priced very reasonably for a commercial property! In the heart of Peotone, also, is the Will County Fairgrounds, Junior High School and park district with baseball fields, basketball courts, volleyball courts, skateboard park and playground. Also the historical landmark the Peotone Mill! Downtown there are such businesses as Cornerstone Coffee House, Daum Appliance & TV, Game On Bar & Grill, Dolimiti Sandwich Shop and Old National Bank. Other businesses around include Dralle Chevrolet & Buick, Fire Pit Bar & Grill, Berkots Super Foods, Kulacz & Sons Heating & Coolng, March Family Dentistry, Peotone Animal Hospital and Johnson’s Greenhouse! Peotone High School is known for the agriculture department and the Future Farmers of America (FFA) plus the AP department! Come purchase this property and build your dream business here today!
Property Details
Price:
$200,000
MLS #:
MRD12636685
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
peotone
Listed Date:
May 23, 2026
Total Sq Ft:
1,085
Lot Size:
2,473 sqft / 0.06 acres (approx)
Year Built:
1952
See this Listing
Schools
Interior
Cooling
None
Exterior
Construction Materials
Wood, Frame
Roof
Composition
Stories
1
Financial
Tax Year
2025
Taxes
$2,335
Map
Community
- Address203 N Second Street Peotone IL
- CityPeotone
- CountyWill
- Zip Code60468
Market Summary
Current real estate data for Commercial in Peotone as of Oct 08, 2026
15
Commercial Listed
59
Avg DOM
213
Avg $ / SqFt
$472,233
Avg List Price
Property Summary
- 203 N Second Street Peotone IL is a Commercial for sale in Peotone, IL, 60468. It is listed for $200,000


