532 Schroeder Ave, Peotone, IL 60468 Property Records

Will County property record for 532 Schroeder Ave, Peotone, IL 60468

Property Summary

Property Type	Commercial
Lot Size	0.27 acres (11,590 sqft)
Owner	Company Name on File
Tax Bill	$5,890 (2025)
Deeds & Mortgages	May 2021 Mortgage Mar 2022 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`17-20-24-411-009`

Property Details

APN / Parcel Number

Primary APN	`17-20-24-411-009`
Alternative APN	`20244110090000`

Interior

Units	12 Units

Exterior

Lot Area	11,590 sqft (0.27 acres)

Location & Zoning

Street Address	532 SCHROEDER AVE
City	PEOTONE
State	IL
Zip	60468-9428
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 9 IN JESSENS SUB, A RESUB 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
Legal Lot Number	9
Jurisdiction	WILL IL
Township / Civil Division	PEOTONE
Census Block Group	3
Census Block	3004
Census Tract	883904

Owner

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	716 E JOLIET HWY, NEW LENOX, IL 60451-1918
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Date	Document
May 26, 2021	Deed of Trust, Mortgage · Conventional Mortgage WINTRUST MORTGAGE
Mar 25, 2022	Deed of Trust, Mortgage · Commercial Mortgage PAN AMERICAN BANK & TRUST

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 7, 1999
Deed Sale	May 7, 1999
Deed Document Number	199958553
Record Updated	Oct 29, 2026

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WILL IL
Property Address	532 SCHROEDER AVE, PEOTONE, IL 60468-9428
Transaction Type	Mortgage
Record Updated	Apr 3, 2026
Title Company	FIDELITY NATIONAL TITLE INSURANCE NY, FIDELITY NATIONAL TITLE INS

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000058687
Date	May 26, 2021
Instrument	R2021058687

Lender

Name	WINTRUST MORTGAGE
Type	Mortgage Company
Address	DES PLAINES, IL 60018

Agreement

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

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WILL IL
Property Address	532 SCHROEDER AVE, PEOTONE, IL 60468-9428
Transaction Type	Mortgage
Record Updated	Apr 3, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0000025486
Date	Mar 25, 2022
Instrument	R2022025486

Lender

Name	PAN AMERICAN BANK & TRUST
Type	Bank
Address	MELROSE PARK, IL 60160

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	120 Months
Due	Mar 15, 2032

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	$5,890.00 (-8.44%)	$99,718 (-) Land $26,017 Building $73,701	$299,154 (-) Land $78,051 Building $221,103
2024		$99,718 (+3.35%) Land $26,017 Building $73,701	$299,154 (+3.35%) Land $78,051 Building $221,103
2022	$6,433.00	$96,488 Land $22,787 Building $73,701	$289,464 Land $68,361 Building $221,103

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

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	Low lower than 99.1% of the US · lower than 94% 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 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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