$249,900
$25K PRICE DROP

309 E Corning Ave Peotone, IL 60468

Estimated payment $1,730/month

Total Views 58,138
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Peotone Junior High School Rated 9+
  • Ceiling Fan

About This Home

Outstanding opportunity to acquire this beautiful two-unit property! Loads of character featuring stained glass windows, vintage trim, pocket doors, china cabinet and dramatic staircase! Large bright living room and formal dining room! Perfect situation for an owner occupant looking to help with mortgage payments with additional income that this property can provide! Main unit has three bedrooms, and the second-floor unit has one bedroom, living room and kitchen. Separate gas furnace for this unit! The address for this unit is 309 1/2 E Corning Ave. Many items updated such as windows, separate electrical panels, Furnace, air and water heater. Dimensional shingle roof! Extra-large concrete side drive! The basement has a vacated cistern system, but the pump is still there. Massive yard extends to the area behind the FOUR CAR GARAGE where the storage shed is located. Start receiving income and building equity with this gem of an investment!

Listing Agent

Bud Caruso

Coldwell Banker Realty License #471021558 Listed on: 06/06/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,793

Lot Details

  • Lot Dimensions are 69x220x69x66x22x66x177

Parking

  • 4 Car Garage

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,793

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Cellar, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 249900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Heated Garage, Tandem, On Site, Detached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 207U

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 69X220X69X66X22X66X177
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4793
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,240 $85,573 $20,309 $65,264
2023 $5,240 $73,760 $13,470 $60,290
2022 $3,703 $66,541 $12,152 $54,389
2021 $3,502 $61,492 $11,230 $50,262
2020 $3,375 $58,397 $10,665 $47,732
2019 $3,525 $58,397 $10,665 $47,732
2018 $3,646 $58,397 $10,665 $47,732
2017 $3,671 $56,862 $10,385 $46,477
2016 $3,606 $55,747 $10,181 $45,566
2015 $3,780 $53,914 $9,846 $44,068
2014 $3,780 $53,914 $9,846 $44,068
2013 $3,780 $54,299 $9,916 $44,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $249,900 -9.1% --
06/06/2025 06/06/25 For Sale $275,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12386597

Midwest Real Estate Data (MRED)

APN: 17-20-24-225-014