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408 South St

Peotone, IL 60468

4 bd 2 ba 1,900 sqft Lot 10,692 sqft single_family
Most recent sale
$203,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2024 Listed $254,900 MRED
Sep 15, 2022 Sold $203,000 MLS #11472413
Jul 22, 2022 Listed $209,900 MLS #11472413
Jul 18, 2022 Listing removed $215,000 MRED
Jun 21, 2022 Price changed $215,000 MLS #11406136
May 17, 2022 Listed $230,000 MLS #11406136
Sep 15, 1999 Sold $85,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $44,595 $14,146 $58,741 $3,107
2022 $37,164 $11,356 $48,520 $2,835
2021 $34,344 $10,494 $44,838 $2,693
2020 $32,615 $9,966 $42,581 $2,605
2019 $32,615 $9,966 $42,581 $2,721
2018 $32,615 $9,966 $42,581 $2,908
2017 $31,758 $9,704 $41,462 $2,838
2016 $31,135 $9,514 $40,649 $2,792
2015 $30,111 $9,201 $39,312 $2,790
2014 $30,111 $9,201 $39,312 $2,935
2013 $30,326 $9,267 $39,593 $2,880
2012 $32,434 $9,911 $42,345 $2,874
2011 $35,185 $10,752 $45,937 $2,843
2010 $37,431 $11,438 $48,869 $2,879
2009 $38,589 $11,792 $50,381 $2,852
2008 $38,589 $11,792 $50,381 $2,836
2007 $37,578 $11,483 $49,061 $2,726
2006 $35,255 $10,773 $46,028 $2,677

Property facts

Year built
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,900 sqft
Lot size
10,692 sqft
ZIP code
60468
City
Peotone
Street
South St
Coordinates
41.32958, -87.78705

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
$1,218
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 South St last sell?
408 South St most recently sold on Sep 15, 2022 for $203,000.
What is the current tax assessment for 408 South St?
The most recent total assessment for 408 South St (year 2024) is $58,741 with $3,107 in property tax.
How does 408 South St's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $203,000.
When was 408 South St built?
The year built for 408 South St is not in our records.
How does 408 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 408 South St?
408 South St is a 4 bed, 2 bath, 1,900 sqft, 10,692 sqft lot single_family.
Is 408 South St a flip candidate?
No — 408 South St does not appear in our flips dataset.
Is 408 South St a tax-appeal candidate?
No — 408 South St 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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