474 Locust Ln, Peotone, IL 60468 Property Records

Will County property record for 474 Locust Ln, Peotone, IL 60468

Property Summary

Property Type	Single Family Home
Lot Size	0.29 acres (12,659 sqft)
Owner	Individual Name on File
Last Sale	$262,000 (Sep 2016)
Tax Bill	$7,064 (2025)
Deeds & Mortgages	Dec 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-20-23-414-006`

Property Details

APN / Parcel Number

Primary APN	`17-20-23-414-006`

Exterior

Lot Area	12,659 sqft (0.29 acres)

Location & Zoning

Street Address	474 LOCUST LN
City	PEOTONE
State	IL
Zip	60468-9246
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 22 IN THE MEADOWS FIFTH ADDITION, BEING A SUB OF PRT OF THE S1/2 OF THE SE1/4 OF SEC. 23, T33N-R12E.
Legal Range	12E
Legal Township	33N
Legal Section	23
Legal Subdivision	THE MEADOWS FIFTH ADD
Legal Lot Number	22
Jurisdiction	WILL IL
Township / Civil Division	PEOTONE
Census Block Group	1
Census Block	1029
Census Tract	883904

Owner

474 Locust Ln is owned and occupied by an individual who acquired it in December 2020.

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

Owner of Record	Individual Name on File
Mailing Address	474 LOCUST LN, PEOTONE, IL 60468-9246
Occupancy	Owner Occupied
Owner Type	Individual

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

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 8, 2016 · Amount on File
Deed Sale	Sep 8, 2016 · Amount on File
Prior Sale	Jun 17, 2005 · Amount on File
Deed Document Number	201670046
Last Transfer Date	Dec 4, 2020
Transfer Doc	0000113511
Record Updated	Oct 29, 2026

December 2020: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	WILL IL
Recording Date	Dec 14, 2020
Property Address	474 LOCUST LN, PEOTONE, IL 60468-9246
Document Number	0000113511
Map Reference	DOC R2005-81195
Instrument Date	Dec 4, 2020
Instrument	R2020113511
Transaction Type	Transfer
Record Updated	Nov 4, 2021
Title Company	HOMESTAR TITLE COMPANY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	474 LOCUST LN, PEOTONE, IL 60468-9246

Mortgage

Document Number	0000113512
Date	Dec 14, 2020
Instrument	R2020113512

Lender

Name	FLAT BRANCH HOME LOANS INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2051

Interest

Rate Type	Fixed Rate
Rate	2.75%

Tax Assessment & Valuation

The 2025 property tax bill for 474 Locust Ln was $7,064.

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Will County
County Subdivision	Peotone Township
Municipality	Peotone Village
Unified School District	Peotone Community Unit School District 207U (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$7,064.00	$127,583 (+7.65%) Land $17,270 Building $110,313	$382,749 (+7.65%) Land $51,810 Building $330,939
2024		$118,517 Land $16,043 Building $102,474	$355,551 Land $48,129 Building $307,422
2022	$6,386.00 Homeowner's exemption	$101,781 Land $16,383 Building $85,398	$305,343 Land $49,149 Building $256,194

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 474 Locust Ln in Zone X, an area of minimal flood risk.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	5 in force

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

Wildfire risk around 474 Locust Ln is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 96% of the US · lower than 74% of Illinois
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 System	AQUA ILLINOIS-PEOTONE serves 4,182 people · EPA ID IL1970750
Water Source	Purchased surface water from AQUA ILLINOIS-KANKAKEE
Last State Inspection	Jul 2022
Lead	Under 1 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 123 locations within half a mile, as of December 31, 2025

Provider	Max 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