$339,900

516 Chestnut Ln Peotone, IL 60468

Estimated payment $2,221/month

Total Views 503
3 Beds
2.5 Baths
1,700 Sq Ft
$200 Price per Sq Ft

Highlights

  • Hot Property
  • Formal Dining Room
  • Laundry Room
  • Peotone Junior High School Rated 9+
  • Living Room
  • Ceramic Tile Flooring

About This Home

Welcome home to this charming and beautifully maintained 2-story house featuring 3 bedrooms and 2.5 baths. Step inside to discover gleaming hardwood floors throughout, creating a warm and inviting flow from room to room. The spacious family room offers the perfect setting for relaxing evenings or entertaining guests. Home chefs will love the large, open kitchen, complete with stainless steel appliances, granite countertops, ample cabinet space, and a comfortable layout ideal for cooking and gathering. Upstairs, you'll find three well-appointed bedrooms, including a serene primary suite with generous closet space. The unfinished basement provides endless possibilities-create a home gym, workshop, extra storage, or finish the space to suit your needs. Step outside to your own private oasis: a large backyard perfect for outdoor fun and a refreshing above-ground pool, ideal for summer enjoyment. Some of the other upgrades throughout the home is a NEW 2025 air conditioner and a furnace and water heater that was installed 5 years ago. With its fantastic features, spacious layout, and room to grow, this home is ready to welcome its next owner to make their own wonderful memories. New ac unit installed this last summer, and furnace and hot water heater installed 5 years ago!!! Don't miss out on this wonderful opportunity! ALL NEW PAINTED BEDROOMS AND NEW CARPET INSTALLED IN BEDROOMS!

Listing Agent

Steve Proutsos

Real People Realty Brokerage Phone: (708) 250-2983 License #475176971 Listed on: 11/16/2025

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 130.6x78.7x130.6x78.9

Parking

  • 2 Car Garage
  • Driveway

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Attached Fireplace Door
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Partial Basement
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,115

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (708) 250-2983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Unfinished, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Starter
  • Fireplaces: 1
  • LivingArea: 1700
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Yes, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer, Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 130.6x78.7x130.6x78.9
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5115
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $5,115 $87,543 $14,885 $72,658
2023 $5,115 $81,770 $13,903 $67,867
2022 $4,815 $75,039 $12,759 $62,280
2021 $4,651 $69,842 $11,875 $57,967
2020 $4,529 $66,421 $11,293 $55,128
2019 $4,749 $66,421 $11,293 $55,128
2018 $4,138 $55,045 $10,296 $44,749
2017 $4,321 $50,528 $9,451 $41,077
2016 $4,160 $48,168 $9,010 $39,158
2015 $4,185 $45,463 $8,504 $36,959
2014 $4,185 $44,571 $8,337 $36,234
2013 $4,185 $45,902 $8,586 $37,316
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2025 11/16/25 For Sale $339,900 +74.3% $200 / Sq Ft
03/24/2014 03/24/14 Sold $195,000 -2.5% $115 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $199,900 -- $118 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,000 Ct
Warranty Deed $215,000 Atg
Warranty Deed $188,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,861 New Conventional
Previous Owner $215,000 Purchase Money Mortgage
Previous Owner $169,650 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12518138

Midwest Real Estate Data (MRED)

APN: 20-21-19-109-018