119 N Second St, Peotone, IL 60468 Property Records

Will County property record for 119 N Second St, Peotone, IL 60468 · Last verified August 2026

Property Summary

Property TypeCommercial
Lot Size0.09 acres (4,125 sqft)
OwnerCompany Name on File
Last Sale$175,000 (Dec 2025)
Tax Bill$2,306 (2025)
Deeds & MortgagesJun 2026 Construction Loan
Dec 2025 Sale
Flood ZoneZone X (minimal risk)
APN17-20-24-219-002

Property Details

APN / Parcel Number

Primary APN17-20-24-219-002
Alternative APN
  • 20242190020000

Exterior

Lot Area4,125 sqft (0.09 acres)
Lot Dimensions75 ft deep x 55 ft wide

Location & Zoning

Street Address119 N SECOND ST
CityPEOTONE
StateIL
Zip60468-9248
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionTHE S1/3RD OF THE N1/2 OF LOTS 1 2 IN BLK 8 IN THE VILLAGE OF OF PEOTONE, PRT OF THE E1/2 NE1/4 SEC 24, T33N-R12E.
Legal Range12E
Legal Township33N
Legal Section24
Legal SubdivisionVILLAGE OF PEOTONE
Legal Block8
Legal Lot Number1,2
JurisdictionWILL IL
Township / Civil DivisionPEOTONE
Census Block Group2
Census Block2023
Census Tract883904

Owner

Source: Will County records · APN 17-20-24-219-002

Assessment roll updated June 30, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address119 N SECOND ST, PEOTONE, IL 60468-9248
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jun 26, 2026Deed of Trust, Mortgage · Construction Mortgage
FLANAGAN STATE BANK
Dec 10, 2025Warranty Deed, Transfer
FIDELITY NATIONAL TITLE INSURANCE NY, FIDELITY NATIONAL TITLE INS

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 10, 2025 · Amount on Record
Deed SaleDec 10, 2025 · Amount on Record
Deed Document Number202569591
Prior Transfer DateOct 15, 2024
Prior Transfer Doc0000054915
Record UpdatedSep 20, 2026

June 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Recording DateJun 26, 2026
Property Address119 N SECOND ST, PEOTONE, IL 60468-9248
Document Number0000038939
Instrument DateJun 08, 2026
Instrument202638939
Transaction TypeMortgage
Record UpdatedJul 14, 2026
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266
Address119 N SECOND ST, PEOTONE, IL 60468-9248

Mortgage

Document Number0000038939,
DateJun 26, 2026
Instrument202638939
Lender
NameFLANAGAN STATE BANK
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term12 Months
DueJun 08, 2027
Interest
Rate6.37%
Max Rate-1%

December 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateDec 10, 2025
Property Address119 N SECOND ST, PEOTONE, IL 60468-9248
Document Number0000069591
Instrument DateNov 12, 2025
InstrumentR2025069591
Transaction TypeTransfer
Record UpdatedDec 24, 2025
Title CompanyFIDELITY NATIONAL TITLE INSURANCE NY, FIDELITY NATIONAL TITLE INS

Transaction

AmountAmount Recorded
Tax$175.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address119 N SECOND ST, PEOTONE, IL 60468-9248

Tax Assessment & Valuation

Source: Will County records · Assessment roll updated June 30, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionPeotone Township
MunicipalityPeotone Village
Unified School DistrictPeotone Community Unit School District 207U (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$2,306.00 (-3.51%)
2024$2,390.00 (-24.56%)$39,042 (-17.84%) Land $10,042 Building $29,000$117,126 (-17.84%) Land $30,126 Building $87,000
2022$3,168.00$47,520 Land $18,520 Building $29,000$142,560 Land $55,560 Building $87,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Will County (17197C), updated June 11, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

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