511 Schroeder Ave, Peotone, IL 60468 Property Records

Will County property record for 511 Schroeder Ave, Peotone, IL 60468

Property Summary

Property Type	Commercial
Lot Size	0.475 acres (20,701 sqft)
Owner	Company Name on Record
Last Sale	$515,000 (May 2020)
Tax Bill	$10,484 (2025)
Deeds & Mortgages	May 2020 Sale & Line of Credit Aug 2019 Transfer
Flood Zone	Zone X (minimal risk)
APN	`17-20-24-412-031`

Property Details

APN / Parcel Number

Primary APN	`17-20-24-412-031`

Interior

Units	10 Units

Exterior

Lot Area	20,701 sqft (0.475 acres)

Location & Zoning

Street Address	511 SCHROEDER AVE
City	PEOTONE
State	IL
Zip	60468-9440
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOTS 27 28 IN JESSENS SUB, BEING A RESUB OF THAT PRT OF FARM LOT 11 OF HOSMER A JOHNSON'S SUB OF THE W1/2 OF THE SE1/4 OF SE
Legal Range	12E
Legal Township	33N
Legal Section	24
Legal Subdivision	JESSENS SUB
Legal Lot Number	11
Jurisdiction	WILL IL
Township / Civil Division	PEOTONE
Census Block Group	3
Census Block	3005
Census Tract	883904

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	405 HARPER CT, MANTENO, IL 60950-1739
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
May 14, 2020	Grant Deed, Transfer · Line of Credit FNBC BK&TR
Aug 13, 2019	Quit Claim Deed, Transfer NOT AVAILABLE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 14, 2020 · Amount on Record
Deed Sale	May 14, 2020 · Amount on Record
Deed Document Number	202036710
Prior Transfer Date	Aug 13, 2019
Prior Transfer Doc	0000053415
Record Updated	Oct 29, 2026

May 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	WILL IL
Recording Date	May 14, 2020
Property Address	511 SCHROEDER AVE APT 1, 1, PEOTONE, IL 60468-9440
Document Number	0000036710
Instrument Date	Apr 27, 2020
Instrument	36710
Transaction Type	Transfer
Record Updated	May 29, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$773.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	405 HARPER CT MANTENO IL 609501739, MANTENO, IL 60950-1739

Mortgage

Document Number	36711
Date	May 14, 2020
Instrument	36711

Lender

Name	FNBC BK&TR
Address	MOKENA, IL 60448

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	May 13, 2025

Interest

Rate Type	Adjustable Rate

August 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	WILL IL
Recording Date	Aug 13, 2019
Property Address	511 SCHROEDER AVE APT 1, 1, PEOTONE, IL 60468-9440
Document Number	0000053415
Instrument Date	Jul 19, 2019
Instrument	53415
Transaction Type	Transfer
Record Updated	Aug 28, 2019
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	2209 N 7572 AVE ELMWOOD PARK IL 60707, ELMWOOD PARK, IL 60707

Tax Assessment & Valuation

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	$10,484.00 (-4.98%)	$177,470 (-) Land $43,470 Building $134,000	$532,410 (-) Land $130,410 Building $402,000
2024		$177,470 (+7.23%) Land $43,470 Building $134,000	$532,410 (+7.23%) Land $130,410 Building $402,000
2022	$11,034.00	$165,500 Land $31,500 Building $134,000	$496,500 Land $94,500 Building $402,000

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

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	2 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

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

Wildfire Risk	Not 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 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 155 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

May also be available: T-Mobile, Verizon.

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