407 S Third St, Peotone, IL 60468 Property Records

Will County property record for 407 S Third St, Peotone, IL 60468 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Architecture StyleOther
Lot Size11,039 sqft (0.25 acres)
GarageDetached
OccupancyOwner Occupied
Last Sale$150,000 (2017)
Tax Bill$3,978.00 (2025)

Property Details

APN / Parcel Number

Primary APN17-20-24-414-003
Alternative APN
  • 20244140030000

Interior

Bedrooms3 Beds
Total Rooms6 Rooms
Stories2 Stories

Exterior

Architectural StyleOther Style
Lot Area11,039 sqft (0.25 acres)
Depth X Width133 ft x 83 ft Depth x Width
Garage TypeDetached Garage

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemHVAC Heating
Water SourceCommercial Water Source

Location & Zoning

Street Address407 S THIRD ST
CityPEOTONE
StateIL
Zip60468-9213
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionTHE S1/2 OF LOTS 4 5 BLK 29 IN THE VILLAGE OF PEOTONE, A SUB OF HOSMER A JOHNSON, OF PRT OF THE E1/2 SE1/4 SEC 24 T33N-R12E.
Legal Range12E
Legal Township33N
Legal Section24
Legal SubdivisionTHE VILLAGE OF PEOTONE
Legal Block29
Legal Lot Number4,5
JurisdictionWILL IL
Minor Civil DivisionPEOTONE
Census Blockgroup3
Census Block3018
Census Tract883904

Owner

Source: Will County records · APN 17-20-24-414-003

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

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

Owner of RecordIndividual Name on File
Mailing Address407 S THIRD ST, PEOTONE, IL 60468-9213
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jan 07, 2021Deed of Trust, Mortgage · Conventional Mortgage
FLANAGAN STATE BANK
May 09, 2017Warranty Deed, Transfer · Conventional Mortgage
FLANAGAN STATE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 09, 2017 · Amount on Record
Deed SaleMay 09, 2017 · Amount on Record
Prior SaleJun 12, 2015
Deed Doc Number201736033
Record RefreshedSep 20, 2026

January 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address407 S THIRD ST, PEOTONE, IL 60468-9213
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyCHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002412
DateJan 07, 2021
InstrumentR2021002412
Lender
NameFLANAGAN STATE BANK
TypeBank
AddressPAW PAW, IL 61353
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJan 01, 2051
Interest
Rate TypeFixed Rate
Rate2.75%

May 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateMay 09, 2017
Property Address407 S THIRD ST, PEOTONE, IL 60468-9213
Document Number0000036033
Instrument DateApr 28, 2017
InstrumentR2017036033
Transaction TypeTransfer
Record UpdatedNov 04, 2021
Title CompanyATTORNEY

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address407 S THIRD ST, PEOTONE, IL 60468-9213

Mortgage

Document Number0000036034
DateMay 09, 2017
InstrumentR2017036034
Lender
NameFLANAGAN STATE BANK
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJun 01, 2047
Interest
Rate TypeFixed Rate
Rate4%

Tax Assessment & Valuation

Source: Will County records · Assessment roll updated June 30, 2026 · Last verified July 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$3,978.00 (+14.51%)
2024$69,989 (+20.43%) Land $14,146 Building $55,843$209,967 (+20.43%) Land $42,438 Building $167,529
2022$3,474.00 Homeowner's exemption$58,114 Land $11,576 Building $46,538$174,342 Land $34,728 Building $139,614

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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