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509 Rathje Rd

Peotone, IL 60468

3 bd 2 ba 1,824 sqft Built 1978 Lot 10,890 sqft single_family
Most recent sale
$255,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 11, 2025 Sold $315,000 MRED
May 7, 2025 Listed $310,000 MRED
May 31, 2022 Sold $255,000 MLS #11369478
Apr 8, 2022 Listed $255,000 MLS #11369478
Oct 25, 1996 Sold $139,000 Public Record
Aug 1, 1983 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $63,909 $14,367 $78,276 $4,303
2022 $53,259 $15,811 $69,070 $4,205
2021 $49,218 $14,611 $63,829 $4,010
2020 $46,741 $13,876 $60,617 $3,890
2019 $46,741 $13,876 $60,617 $4,062
2018 $46,741 $13,876 $60,617 $4,341
2017 $45,512 $13,511 $59,023 $4,243
2016 $44,620 $13,246 $57,866 $4,179
2015 $43,153 $12,810 $55,963 $4,184
2014 $43,153 $12,810 $55,963 $4,401
2013 $43,462 $12,902 $56,364 $4,317
2012 $46,483 $13,799 $60,282 $4,293
2011 $50,426 $14,970 $65,396 $4,228
2010 $53,645 $15,926 $69,571 $4,268
2009 $55,304 $16,419 $71,723 $4,222
2008 $55,304 $16,419 $71,723 $4,184
2007 $53,855 $15,989 $69,844 $4,012
2006 $50,525 $13,167 $63,692 $3,830

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,824 sqft
Lot size
10,890 sqft
ZIP code
60468
City
Peotone
Street
Rathje Rd
Coordinates
41.32654, -87.80411

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Rathje Rd last sell?
509 Rathje Rd most recently sold on May 31, 2022 for $255,000.
What is the current tax assessment for 509 Rathje Rd?
The most recent total assessment for 509 Rathje Rd (year 2024) is $78,276 with $4,303 in property tax.
How does 509 Rathje Rd's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $255,000.
When was 509 Rathje Rd built?
509 Rathje Rd was built in 1978.
How does 509 Rathje Rd compare to others on Rathje Rd?
We track 8 other properties on Rathje Rd. Browse the list under "Other properties on Rathje Rd" to compare beds, baths, and sale history.
What are the property facts for 509 Rathje Rd?
509 Rathje Rd is a 3 bed, 2 bath, 1,824 sqft, 10,890 sqft lot single_family.
Is 509 Rathje Rd a flip candidate?
No — 509 Rathje Rd does not appear in our flips dataset.
Is 509 Rathje Rd a tax-appeal candidate?
No — 509 Rathje Rd 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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