120 N Second St, Peotone, IL 60468 Property Records

Will County property record for 120 N Second St, Peotone, IL 60468

Property Summary

Property TypeCommercial
Lot Size0.12 acres (5,218 sqft)
Owner2 Individual Names on File
Last Sale$175,000 (Jul 2024)
Tax Bill$3,239 (2025)
Deeds & MortgagesApr 2020 Loan Modification
Mar 2018 Transfer
Flood ZoneZone X (minimal risk)
APN17-20-24-218-016

Property Details

APN / Parcel Number

Primary APN17-20-24-218-016
Alternative APN
  • 20242180160000

Exterior

Lot Area5,218 sqft (0.12 acres)

Location & Zoning

Street Address120 N SECOND ST
CityPEOTONE
StateIL
Zip60468-9247
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionTHE S 40.50 FT OF THE N 102 FT OF THE LOTS 1 2 BLK 7 IN THE ORIGINAL VILLAGE OF PEOTONE OF SEC. 24, T33N-R12E.
Legal Range12E
Legal Township33N
Legal Section24
Legal SubdivisionOF HOSMER A JOHNSON
Legal Block7
Legal Lot Number1,2
JurisdictionWILL IL
Township / Civil DivisionPEOTONE
Census Block Group2
Census Block2022
Census Tract883904

Owner

120 N Second St, a commercial property, is owned by two individuals who bought it in July 2024.

Source: Will County records, as of August 24, 2026

Owner of Record2 Individual Names on File
Mailing AddressPO BOX 901, PEOTONE, IL 60468-0901
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Apr 26, 2020Loan Modification, Mortgage
FIRST CMNTY BK
Mar 1, 2018Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJul 22, 2024 · Amount on File
Deed SaleJul 22, 2024 · Amount on File
Prior SaleApr 23, 2007 · Amount on File
Deed Document Number202436304
Prior Transfer DateMar 24, 2016
Prior Transfer Doc0000014662
Record UpdatedOct 29, 2026

April 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionWILL IL
Property Address120 N SECOND ST, PEOTONE, IL 60468-9247
Document Number0000038777
Instrument DateApr 26, 2020
Transaction TypeMortgage
Record UpdatedJun 8, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
Address300 E MAIN ST PEOTONE IL 604689238, PEOTONE, IL 60468-9238

Mortgage

Document Number0000038777
DateMay 21, 2020
Instrument38777
Lender
NameFIRST CMNTY BK
TypeBank
AddressBEECHER, IL 60401
Agreement
AmountAmount on Record
Term180 Months
DueMay 20, 2035

March 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionWILL IL
Recording DateMar 1, 2018
Property Address120 N SECOND ST, PEOTONE, IL 60468-9247
Document Number0000014662
Instrument DateMar 24, 2016
Instrument14662
Transaction TypeTransfer
Record UpdatedMar 28, 2018

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address300 E MAIN ST PEOTONE IL 604689238, PEOTONE, IL 60468-9238

Tax Assessment & Valuation

The 2025 property tax bill for 120 N Second St was $3,239.

Source: Will County assessment roll, as of August 24, 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

YearTax BillAssessed ValueAssessed Market Value
2025$3,239.00$54,830 (-) Land $12,830 Building $42,000$164,490 (-) Land $38,490 Building $126,000
2024$54,830 Land $12,830 Building $42,000$164,490 Land $38,490 Building $126,000
2022$3,921.00$58,821 Land $16,821 Building $42,000$176,463 Land $50,463 Building $126,000

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.

Flood

FEMA maps place 120 N Second St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2004.

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2004)
Most Recent ClaimJun 2004 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 120 N Second St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemAQUA ILLINOIS-PEOTONE
serves 4,182 people · EPA ID IL1970750
Water SourcePurchased surface water from AQUA ILLINOIS-KANKAKEE
Last State InspectionJul 2022
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 383 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Pavlov Media
Fiber
8,000 / 8,000
Xfinity
Cable
2,000 / 250
Bertram Communications
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Verizon.

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