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432 Locust Ln

Peotone, IL 60468

3 bd 3 ba 2,400 sqft Built 2007 Lot 15,246 sqft single_family
Most recent sale
$398,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $398,000 MRED
Mar 15, 2024 Listed $392,980 MRED
Aug 17, 2016 Sold $260,000 MRED
May 12, 2016 Listed $279,900 MRED
Nov 14, 2015 Listing removed $299,900 MRED
May 14, 2015 Listed $299,900 MRED
May 30, 2014 Listing removed $294,900 MRED
Oct 3, 2013 Listed $294,900 MRED
Sep 30, 2013 Listing removed $305,000 MRED
Mar 8, 2013 Listed $305,000 MRED
Jan 31, 2013 Listing removed $305,000 MRED
Aug 6, 2012 Listed $305,000 MRED
Oct 23, 2007 Sold $316,224 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $102,708 $23,154 $125,862 $7,218
2022 $85,593 $17,566 $103,159 $6,478
2021 $79,099 $16,233 $95,332 $6,196
2020 $75,118 $15,416 $90,534 $6,020
2019 $75,118 $15,416 $90,534 $6,288
2018 $75,118 $15,416 $90,534 $6,720
2017 $73,143 $15,011 $88,154 $6,575
2016 $71,709 $14,717 $86,426 $6,078
2015 $69,351 $14,233 $83,584 $5,630
2014 $69,351 $14,233 $83,584 $5,921
2013 $69,847 $14,335 $84,182 $5,814
2012 $74,703 $15,332 $90,035 $5,905
2011 $75,679 $16,633 $92,312 $5,860
2010 $80,510 $17,695 $98,205 $5,923
2009 $83,000 $18,242 $101,242 $5,862
2008 $85,287 $18,242 $103,529 $5,942
2007 $17,764 $17,764 $1,072

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,400 sqft
Lot size
15,246 sqft
ZIP code
60468
City
Peotone
Street
Locust Ln
Coordinates
41.32834, -87.81009

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,320
Gross rental yield
13.03%
Implied cap rate
8.47%
Trend-extrapolated value

Frequently asked questions

When did 432 Locust Ln last sell?
432 Locust Ln most recently sold on Apr 19, 2024 for $398,000.
What is the current tax assessment for 432 Locust Ln?
The most recent total assessment for 432 Locust Ln (year 2024) is $125,862 with $7,218 in property tax.
How does 432 Locust Ln's assessment compare to its last sale price?
The current assessment is 68.4% below the last sale price of $398,000.
When was 432 Locust Ln built?
432 Locust Ln was built in 2007.
How does 432 Locust Ln compare to others on Locust Ln?
We track 8 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 432 Locust Ln?
432 Locust Ln is a 3 bed, 3 bath, 2,400 sqft, 15,246 sqft lot single_family.
Is 432 Locust Ln a flip candidate?
No — 432 Locust Ln does not appear in our flips dataset.
Is 432 Locust Ln a tax-appeal candidate?
No — 432 Locust Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.5%
Implied 1-yr
-13.9%
2026 Q2
$313.1K
2026 Q3
$299.1K
ZIP 60468 — Median Price History + Forecast

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