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Single Family ResidenceResidential
$329,284
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $197,000 on Sep 14, 2015

508 CHESTNUT LN

PEOTONE, IL 60468
0
Baths
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$329K
$315K low$343K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$197,000 · Sep 14, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,167 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$91,380 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,106
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$75,274
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$84,454
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$274,140

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
71
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
67
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWILL
Lot (acres)The size of the land the home sits on, from county records.0.24
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Peotone Elementary SchoolB
Elementary · Grades KG–3 · 1.0 mi
M
Peotone Jr High SchoolB
Middle · Grades 6–8 · 1.1 mi
H
Peotone High SchoolC+
High · Grades 9–12 · 1.3 mi

District: Peotone Community Unit School District 207u

Neighborhood · ZIP 60468These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.98
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.6,541
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.93 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$81,011
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$107,663
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

508 Chestnut Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 74% of homes in Peotone 60468

What homes are worth in Peotone 60468

Each bar is how many homes fall in that price range. The marker is this home.

This home
$160K$639K

This home is worth more than 55% of homes in Peotone 60468.

How it measures up in Peotone 60468

The dot is this home. The mark in the middle is the typical home in Peotone 60468.

Estimated value$329,284
CheaperTypical $317,026Pricier

Pricier than 55% of homes nearby

Lot size0.24 ac
SmallerTypical 0.27 acBigger

Bigger than 26% of homes nearby

How 508 Chestnut Ln ranks against every home in each area.
MeasureThis homePeotone 60468Will County
Estimated valuepricier than$329,28455% of homes38% of homes
Lot sizebigger than0.24 ac26% of homes50% of homes

About 508 Chestnut Ln

How much is 508 Chestnut Ln, Peotone, IL worth?

The TopHap Estimate for 508 Chestnut Ln, Peotone, IL is $329,284 as of Oct 21, 2026. The likely range is $315,254 to $343,314. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 Chestnut Ln, Peotone, IL last sell?

508 Chestnut Ln, Peotone, IL last sold on Sep 14, 2015 for $197,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

What schools serve 508 Chestnut Ln, Peotone, IL?

508 Chestnut Ln, Peotone, IL is assigned to Peotone Elementary School (elementary), rated B; Peotone Jr High School (middle), rated B; Peotone High School (high), rated C+. All sit in Peotone Community Unit School District 207u. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Chestnut Ln, Peotone, IL compare to other homes in Peotone 60468?

Among the 1,769 homes in Peotone 60468, it is worth more than 55% of them ($329,284 against a typical $317,026) and its lot is bigger than 26% of them (0.24 ac against a typical 0.27 ac). Measured against all of Will County, it is worth more than 38% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 508 Chestnut Ln, Peotone, IL?

The 2025 property tax bill for 508 Chestnut Ln, Peotone, IL was $5,167. The county assessed it at $91,380.

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