508 S Second St, Peotone, IL 60468 Property Records

Will County property record for 508 S Second St, Peotone, IL 60468 · Last verified July 2026

Property Highlights

Property TypeResidential > Single Family > Home
Lot Size10,864 sqft (0.25 acres)
Last Sale$160,000 (2018)
Tax Bill$3,647.00 (2025)

Property Details

APN / Parcel Number

Primary APN17-20-24-412-019
Alternative APN
  • 20244120190000

Exterior

Lot Area10,864 sqft (0.25 acres)

Location & Zoning

Street Address508 S SECOND ST
CityPEOTONE
StateIL
Zip60468-9652
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionLOT 20 IN JESSENS SUB, A SUB OF PRT OF THE RESUB OF FARM LOT 11, IN HOSMER A JOHNSONS SUB IN THE VILLAGE OF PEOTONE, IN THE W
Legal Range12E
Legal Township33N
Legal Section24
Legal SubdivisionJESSENS SUB
Legal Lot Number20
JurisdictionWILL IL
Minor Civil DivisionPEOTONE
Census Blockgroup3
Census Block3005
Census Tract883904

Owner

Source: Will County records · APN 17-20-24-412-019

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 Address1 ELMWOOD DR, KANKAKEE, IL 60901-5909
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Jun 27, 2018Deed of Trust, Mortgage · Commercial Mortgage
HOMESTAR BANK
Apr 04, 2018Grant Deed, Foreclosure
ATTORNEY ONLY
Jan 17, 2018Warranty Deed, Transfer · Commercial Mortgage
MUNICIPAL TRUST AND SAVINGS BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 04, 2018 · Amount on Record
Deed SaleApr 04, 2018 · Amount on Record
Prior SaleJan 17, 2018 · Amount on Record
Deed Doc Number201822496
Record RefreshedSep 20, 2026

June 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address508 S SECOND ST, PEOTONE, IL 60468-9652
Transaction TypeMortgage
Record UpdatedAug 05, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000043678
DateJun 27, 2018
InstrumentR2018043678
Lender
NameHOMESTAR BANK
TypeBank
AddressMANTENO, IL 60950
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term120 Months
DueJun 20, 2028
Interest
Rate2.57%

April 2018: Grant Deed, Foreclosure

Document TypeGrant Deed
JurisdictionWILL IL
Recording DateApr 04, 2018
Property Address508 S SECOND ST, PEOTONE, IL 60468-9652
Document Number0000022496
Instrument DateApr 02, 2018
Instrument22496
Transaction TypeForeclosure
Record UpdatedApr 17, 2018
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$240.00
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address526 MEADOWS RD S BOURBONNAIS IL 609141150, BOURBONNAIS, IL 60914-1150

January 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWILL IL
Recording DateJan 17, 2018
Property Address508 S SECOND ST, PEOTONE, IL 60468-9652
Document Number0000003998
Map ReferenceDOC1033914
Instrument DateDec 20, 2017
InstrumentR2018003998
Transaction TypeTransfer
Record UpdatedAug 05, 2022
Title CompanyFIRST AMERICAN TITLE

Transaction

AmountAmount Recorded
Tax$168.00
Amount AccuracyFull Amount Stated
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address508 S ST, PEOTONE, IL 60468

Mortgage

Document Number0000003999
DateJan 17, 2018
InstrumentR2018003999
Lender
NameMUNICIPAL TRUST AND SAVINGS BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term24 Months
DueJan 21, 2020

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$3,647.00 (-3.87%)
2024$57,356 (+0.78%) Land $13,016 Building $44,340$172,068 (+0.78%) Land $39,048 Building $133,020
2022$3,794.00$56,912 (-) Land $15,951 Building $40,961$170,736 (-) Land $47,853 Building $122,883
2021$56,912 Land $15,951 Building $40,961
2020$170,736 Land $47,853 Building $122,883

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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