427 S Second St, Peotone, IL 60468 Property Records

Will County property record for 427 S Second St, Peotone, IL 60468 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Lot Size9,906 sqft (0.23 acres)
OccupancyOwner Occupied
Last Sale$90,000 (1995)
Tax Bill$4,062.00 (2025)

Property Details

APN / Parcel Number

Primary APN17-20-24-413-005
Alternative APN
  • 20244130050000

Exterior

Lot Area9,906 sqft (0.23 acres)

Location & Zoning

Street Address427 S SECOND ST
CityPEOTONE
StateIL
Zip60468-9478
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionLOT 5 BLOCK 1 IN CLAUS D HINRICHS 1ST SUB OF FARM LOT 11, A SUB OF PRT OF THE VILLAGE OF PEOTONE, A SUB PF PRT OF THE SE1/4 S
Legal Range12E
Legal Township33N
Legal Section24
Legal SubdivisionCLAUS D HINRICHS 1ST SUB
Legal Block1
Legal Lot Number5
JurisdictionWILL IL
Minor Civil DivisionPEOTONE
Census Blockgroup3
Census Block3019
Census Tract883904

Owner

Source: Will County records · APN 17-20-24-413-005

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 Address427 S SECOND ST, PEOTONE, IL 60468-9478
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jul 06, 2017Deed of Trust, Mortgage · Conventional Mortgage
FLANAGAN STATE BANK
Oct 23, 2020Deed of Trust, Mortgage · Conventional Mortgage
FLANAGAN STATE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 15, 1995 · Amount on Record
Deed SaleDec 15, 1995 · Amount on Record
Deed Doc Number199597655
Record RefreshedSep 20, 2026

July 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address427 S SECOND ST, PEOTONE, IL 60468-9478
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyCHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000051891
DateJul 06, 2017
InstrumentR2017051891
Lender
NameFLANAGAN STATE BANK
TypeBank
AddressPAW PAW, IL 61353
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term156 Months
DueJul 01, 2030
Interest
Rate TypeFixed Rate
Rate4.12%

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address427 S SECOND ST, PEOTONE, IL 60468-9478
Transaction TypeMortgage
Record UpdatedFeb 05, 2021
Title CompanyCHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000093820
DateOct 23, 2020
InstrumentR2020093820
Lender
NameFLANAGAN STATE BANK
TypeBank
AddressPAW PAW, IL 61353
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term121 Months
DueNov 01, 2030
Interest
Rate TypeFixed Rate
Rate2.75%

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 and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$4,062.00 (+49.23%)
2024$71,316 (+52.26%) Land $14,118 Building $57,198$213,948 (+52.26%) Land $42,354 Building $171,594
2022$2,722.00 Homeowner's exemption$46,839 Land $10,174 Building $36,665$140,517 Land $30,522 Building $109,995

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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