523 Schroeder Ave, Peotone, IL 60468 Property Records

Will County property record for 523 Schroeder Ave, Peotone, IL 60468 · Last verified July 2026

Property Highlights

Property Type	Commercial > Retail
Lot Size	11,428 sqft (0.26 acres)
Last Sale	$122,500 (2022)
Tax Bill	$5,373.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`17-20-24-412-006`
Alternative APN	`20244120060000`

Interior

Units	4 Units

Exterior

Lot Area	11,428 sqft (0.26 acres)

Location & Zoning

Street Address	523 SCHROEDER AVE
City	PEOTONE
State	IL
Zip	60468-9438
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	LOT 30 IN JESSENS SUB, A SUB OF PRT OF FARM LOT 11, IN HOSMER A JOHNSONS SUB IN THE VILLAGE OF PEOTONE, IN THE W1/2 SE1/4 OF
Legal Range	12E
Legal Township	33N
Legal Section	24
Legal Subdivision	JESSENS SUB
Legal Lot Number	30
Jurisdiction	WILL IL
Minor Civil Division	PEOTONE
Census Blockgroup	3
Census Block	3005
Census Tract	883904

Owner

Source: Will County records · APN 17-20-24-412-006

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 Record	Company Name on File
Mailing Address	720 MAIN ST NW, BOURBONNAIS, IL 60914-2311
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 11, 2022 · Amount on Record
Deed Sale	Apr 11, 2022 · Amount on Record
Prior Sale	Apr 26, 1994 · Amount on Record
Deed Doc Number	202229371
Record Refreshed	Sep 20, 2026

April 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WILL IL
Recording Date	Apr 11, 2022
Property Address	523 SCHROEDER AVE APT 3, 3, PEOTONE, IL 60468-9438
Document Number	0000029371
Map Reference	DOC R71-29134
Instrument Date	Mar 23, 2022
Instrument	R2022029371
Transaction Type	Transfer
Record Updated	Aug 21, 2023
Title Company	HOMESTEAD TITLE COMPANY, HOMESTAR TITLE COMPANY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$122.50
Amount Accuracy	Full Amount Stated
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Severalty
Address	720 MAIN ST NW, BOURBONNAIS, IL 60914-2311

Mortgage

Document Number	0000029372
Date	Apr 11, 2022
Instrument	R2022029372

Lender

Name	MUNICIPAL TRUST AND SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	179 Months
Due	Mar 23, 2037

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Will County records · Assessment roll updated June 30, 2026 · Last verified July 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

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,373.00 (-16.48%)
2024		$97,796 (+1.36%) Land $24,095 Building $73,701	$293,388 (+1.36%) Land $72,285 Building $221,103
2022	$6,433.00	$96,488 Land $22,787 Building $73,701	$289,464 Land $68,361 Building $221,103

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 Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.