O'Neil Property Group

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$247,700
242 Days On Site

120 W Main Street
Peotone, IL 60468

For Sale|Office|Active
0
Beds
0
Total Baths
5,000
SqFt
$50
/SqFt
1930
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty Inc
120 W Main Street120 W Main Street120 W Main Street120 W Main Street
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Nestled in the heart of historic downtown Peotone on Main Street, this versatile 4,213-square-foot commercial building offers excellent visibility and tremendous potential for a variety of uses. The main level features approximately 2,625 square feet of beautifully finished, move-in-ready office or retail space, complemented by additional garage and storage areas. Recently remodeled with a brand-new roof, updated HVAC system, fresh flooring, and modern finishes throughout the first floor, the property is in excellent condition and ready for immediate occupancy. Currently owner occupied, but will vacant prior to closing. Ideal for retail storefronts, professional offices, service businesses, or creative commercial ventures, the main level benefits from strong downtown foot traffic and Peotone's charming small-town appeal. The entire second floor has been gutted to the studs, providing a clean slate for future expansion-whether you choose to add income-generating apartments, more office space, additional storage, or another creative use. This rare combination of recent upgrades, prime location, flexible upper-level potential, and smooth transition to vacancy makes 120 W Main Street an outstanding opportunity for owner-occupants or investors looking to grow in one of Will County's most desirable downtown districts.

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Listing Snapshot
PriceΒ 
$247,700
Days On SiteΒ 
242 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,000 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1930
MLS NumberΒ 
12587874
StatusΒ 
Active
Property TaxΒ 
$2,851
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoPrice changed to $247,700
3 days agoStatus changed to Active
8 months agoListing first seen on site
General Features
Additional Property UseΒ 
Commercial
Property Sub TypeΒ 
Office
SqFt TotalΒ 
5000
UtilitiesΒ 
Natural Gas AvailableSewer ConnectedWater Available
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
FlooringΒ 
ConcreteOther
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Exterior Features
Construction DetailsΒ 
Block
Community Features
MLS AreaΒ 
Peotone
TownshipΒ 
Peotone
Listing Courtesy of MRED as distributed by MLS Grid of Village Realty Inc



Based on information submitted to the MLS GRID as of 2026-11-08 01:23 PM UTC. 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.
Last checked: 2026-11-08 01:23 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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