# 536 Schroeder Avenue, Peotone, IL 60468 > **TL;DR:** 12bd/6ba residential multi family, $775,000, built 1970. Est. $4,145/mo. Listed 226 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $775,000 | | Bedrooms | 12 | | Bathrooms | 6 full | | Year Built | 1970 | | Lot Size | 13,068 sqft (0.30 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 226 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,919 | | Estimated Insurance | $226 | | **Total** | **$4,145** | ## Property Highlights - Built in 1970 - 0.30 acre lot - 2 stories ## Description ### Agent Description 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. ## Location - **Address:** 536 Schroeder Avenue, Peotone, IL 60468 - **County:** Will - **Coordinates:** 41.325055, -87.793649 - **Google Maps:** https://www.google.com/maps?q=41.325055,-87.793649 ## Listing Agent - **Name:** Michelle Ward - **Brokerage:** Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) - **Phone:** (815) 553-2411 - **Broker Phone:** (815) 553-2411 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/536-Schroeder-Ave-Apt-1_Peotone_IL_60468_M72562-58357?f=listhub&s=MREDIL&m=12563055&c=propsimple) ## Photos ![536 Schroeder Avenue - Photo 1](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3602660572r.jpg) ![536 Schroeder Avenue - Photo 2](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3671180440r.jpg) ![536 Schroeder Avenue - Photo 3](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f1269610468r.jpg) ![536 Schroeder Avenue - Photo 4](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f218111764r.jpg) ![536 Schroeder Avenue - Photo 5](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f4271022330r.jpg) ![536 Schroeder Avenue - Photo 6](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f379461807r.jpg) ![536 Schroeder Avenue - Photo 7](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f253034022r.jpg) ![536 Schroeder Avenue - Photo 8](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3153725681r.jpg) ![536 Schroeder Avenue - Photo 9](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3123161691r.jpg) ![536 Schroeder Avenue - Photo 10](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f53381055r.jpg) ![536 Schroeder Avenue - Photo 11](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f91027999r.jpg) ![536 Schroeder Avenue - Photo 12](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3241850353r.jpg) ![536 Schroeder Avenue - Photo 13](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3185952074r.jpg) ![536 Schroeder Avenue - Photo 14](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3268931692r.jpg) ![536 Schroeder Avenue - Photo 15](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f4254300545r.jpg) ![536 Schroeder Avenue - Photo 16](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f993364709r.jpg) ![536 Schroeder Avenue - Photo 17](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f2322993288r.jpg) ![536 Schroeder Avenue - Photo 18](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f2151922365r.jpg) ![536 Schroeder Avenue - Photo 19](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f2846470926r.jpg) ![536 Schroeder Avenue - Photo 20](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f386044535r.jpg) ![536 Schroeder Avenue - Photo 21](http://lh.rdcpix.com/53b6feb42e19392c225a419a360ea6d0l-f3749208806r.jpg) --- **MLS#:** 12563055 | **Updated:** 2026-09-20 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/536-schroeder-avenue-peotone-il-60468-12563055) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/536-schroeder-avenue-peotone-il-60468-12563055#listing", "url": "https://www.propertysimple.ai/listing/536-schroeder-avenue-peotone-il-60468-12563055", "name": "536 Schroeder Avenue, Peotone, IL 60468", "description": "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. 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