516 S Second St Peotone, IL 60468
Estimated Value: $238,000 - $273,000
3
Beds
--
Bath
1,400
Sq Ft
$178/Sq Ft
Est. Value
About This Home
This 1,400 sq. ft. single-family home offers three bedrooms and one bathroom on a quiet street in Peotone. The home has been freshly painted and fully updated with brand-new stainless steel appliances, including a dishwasher, stove, refrigerator, and microwave. Recent improvements also include a new roof and central air conditioning for year-round comfort.
A two-car attached garage provides convenience, and there’s an additional storage shed in the backyard for extra space. The lease term is a 12-month minimum, with rent at $2,250 per month and a $3,375 security deposit. Move-in is available starting August 22.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2018
Sold by
Quicken Loans Inc
Bought by
Tri State Reo Construction
Current Estimated Value
Purchase Details
Closed on
May 11, 2018
Sold by
Stice Kathryn M and First Midwest Bank
Bought by
Quick Loans Inc
Purchase Details
Closed on
Aug 20, 2008
Sold by
Mcmaster Scott P and Mcmaster Vicki L
Bought by
Stice Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 1, 1995
Sold by
First National Bank Of Blue Island
Bought by
Mcmaster Scott P and Mcmaster Vicki L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.43%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tri State Reo Construction | $97,000 | Fidelity National Title | |
| Quick Loans Inc | -- | Attorney | |
| Stice Kathryn M | $165,000 | Lawyers Title | |
| Mcmaster Scott P | $78,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stice Kathryn M | $66,000 | |
| Previous Owner | Mcmaster Scott P | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Off Market | $2,250 | -- | -- |
| 05/29/2025 05/29/25 | For Rent | $2,250 | -- | -- |
Tax History Compared to Growth
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 | $4,171 | $68,114 | $13,016 | $55,098 |
| 2023 | $4,171 | $63,731 | $12,832 | $50,899 |
| 2022 | $3,833 | $57,493 | $11,576 | $45,917 |
| 2021 | $3,685 | $53,131 | $10,698 | $42,433 |
| 2020 | $3,593 | $50,457 | $10,160 | $40,297 |
| 2019 | $3,753 | $50,457 | $10,160 | $40,297 |
| 2018 | $4,011 | $50,457 | $10,160 | $40,297 |
| 2017 | $3,452 | $49,131 | $9,893 | $39,238 |
| 2016 | $3,398 | $48,168 | $9,699 | $38,469 |
| 2015 | $3,508 | $46,584 | $9,380 | $37,204 |
| 2014 | $3,508 | $46,584 | $9,380 | $37,204 |
| 2013 | $3,508 | $46,917 | $9,447 | $37,470 |
Source: Public Records
Map
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