536 Schroeder Ave Peotone, IL 60468
Peotone AreaEstimated payment $5,129/month
About This Home
Outstanding opportunity to start or add to your investment portfolio! 6 unit building in the quiet and conveniently located town of Peotone. All units are 2 Bedroom and 1 Bath. Three of the units are fully remodeled featuring new kitchens, new bathrooms and new LVP flooring throughout. One unit has all new flooring. The building has a central boiler and one hot water tank. Complete tear off of the entire roof and structure 2023. Fully leased, great value and potential to add opportunity. There is a fully remodeled common laundry area for the tenants, and plenty of parking. The location offers residents quick and convenient access to I-57 and Route 50.
Listing Agent
Coldwell Banker Real Estate Group License #475175374 Listed on: 02/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,233
Year Built
- Built in 1970
Lot Details
- 13,068 Sq Ft Lot
- Lot Dimensions are 172x100
Interior Spaces
- 2-Story Property
Utilities
- Baseboard Heating
- Heating System Uses Gas
- Radiant Heating System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $2,452
- Fuel Expense $3,744
- Insurance Expense $2,950
- Maintenance Expense $3,244
- Other Expense $1,876
- Trash Expense $1,244
- Water Sewer Expense $8,074
- Operating Expense $31,923
- Gross Income $84,000
- Net Operating Income $52,077
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,782 | $30,160 | $5,393 | $24,767 |
| 2024 | $1,782 | $28,017 | $5,010 | $23,007 |
| 2023 | $1,716 | $25,875 | $4,621 | $21,254 |
| 2022 | $1,556 | $23,343 | $4,169 | $19,174 |
| 2021 | $1,496 | $21,572 | $3,853 | $17,719 |
| 2020 | $1,459 | $20,486 | $3,659 | $16,827 |
| 2019 | $1,524 | $20,486 | $3,659 | $16,827 |
| 2018 | $1,629 | $20,486 | $3,659 | $16,827 |
| 2017 | $1,521 | $18,999 | $3,563 | $15,436 |
| 2016 | $1,501 | $18,626 | $3,493 | $15,133 |
| 2015 | $1,587 | $18,013 | $3,378 | $14,635 |
| 2014 | $1,587 | $18,013 | $3,378 | $14,635 |
| 2013 | $1,587 | $18,142 | $3,402 | $14,740 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2026 08/25/26 | For Sale | $775,000 | 0.0% | -- | |
| 08/11/2026 08/11/26 | Pending | -- | -- | -- | |
| 02/07/2026 02/07/26 | For Sale | $775,000 | +64.9% | -- | |
| 04/17/2023 04/17/23 | Sold | $470,000 | +1.1% | -- | View Prior Sale |
| 03/05/2023 03/05/23 | Pending | -- | -- | -- | |
| 02/26/2023 02/26/23 | For Sale | $465,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Stewart Title | |
| Warranty Deed | $70,000 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,500 | New Conventional | |
| Previous Owner | -- | Credit Line Revolving | |
| Previous Owner | $185,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12563055
APN: 17-20-24-411-012-1004
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.