Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12563055MLS Provider

536 Schroeder AvenuePeotone, IL 60468

Commercial · 12 Beds · 0.30 Acres
$775,000 Active

536 Schroeder Avenue Overview

Time on Site:
142 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

536 Schroeder Avenue Facts & Features

  • Type Commercial
  • Lot 0.30 Acres

Details

General

Income/Expenses

  • Other Expense: 1876
  • Electric Expense: 2452
  • Fuel Expense: 3744
  • Gross Income: 84000
  • Gross Scheduled Income: 91000
  • Insurance Expense: 2950
  • Maintenance Expense: 3244
  • Net Operating Income: 52077
  • Operating Expense: 31923
  • Trash Expense: 1244
  • Water Sewer Expense: 8074

Building Information

  • Year Built: 1970

Business Information

  • Current Use: Condominium

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Peotone
  • Township: Peotone

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $10,232.64
  • Tax Year: 2024

General Information

  • Parcel Number: 1720244110121001
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 0.3
  • Lot Size Dimensions: 172X100

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

536 Schroeder Avenue Neighborhood

Community

60468 (Peotone) Demographics

40
Median Age
83
Population Density (per sq. mile)
37%
College Educated
$84,934
Estimated Median Income
1,800
Estimated Total Home Owners
525
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

536 Schroeder Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

536 Schroeder Avenue Market Data

Based on the last 30 days in this zip code

$468,481
Average List Price
$232
Average Price per Square Foot
3
Properties Sold
47
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

536 Schroeder Avenue History

Date Event Value Agent
2/12/2026Source: MRED Status Change
Active
2/7/2026Source: MRED Added to Database
February 07, 2026