500 S Third St, Peotone, IL 60468
OFF MARKET

$550,900

Trulia Estimate
  • 1 Bed
  • 1 Bath

500 S Third St, Peotone, IL 60468

Est. Refi. Payment $3,947/mo*
Refinance Your Home
Currently Off Market - Sold May 24, 2018 for $868,600

Home Value

Trulia Estimate
$551K
Since last month
Decreased$100K (-15.4%)
Since last year
Decreased$113K (-17.1%)
Since last sale
Decreased$317K (-36.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +369% in the last 10 years
MonthEstimated value
2026
August 2026$552K
August 2026$551K
July 2026$652K
June 2026$710K
May 2026$749K
April 2026$658K
March 2026$578K
February 2026$598K
January 2026$763K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
309B N Harlem Ave, Peotone, IL
3.78
Multi-Family Home
$350,000
02/06/26
4
3
-
496 Water Tower Rd N, Manteno, IL
5.34
Multi-Family Home
$249,000
09/17/25
2
1.5
1,537
851 N Maple St, Manteno, IL
5.26
Multi-Family Home
$269,900
12/02/25
3
2
1,252
919 Beauchamp Ave, Manteno, IL
5.27
Multi-Family Home
$258,000
07/31/26
3
2
1,500
374 Lynn Dr, Manteno, IL
5.43
Multi-Family Home
$470,000
06/22/26
7
4
-
244 W 4th St, Manteno, IL
5.55
Multi-Family Home
$245,000
12/10/25
4
2
-
375 Lynn Dr, Manteno, IL
5.48
Multi-Family Home
$470,000
06/22/26
7
4
-
264 W 3rd St, Manteno, IL
5.63
Multi-Family Home
$235,000
11/21/25
3
2
-
186 E Adams St, Manteno, IL
5.87
Multi-Family Home
$263,500
09/11/26
3
2
1,723
182 Birch Ct, Manteno, IL
5.64
Multi-Family Home
$341,000
10/06/25
7
4
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
463 S 3rd St, Peotone, IL 60468
0.07
$239,100
4
1
-
Off Market
S, Peotone, IL 60468
0.14
$315,000
4
2.5
2,035
Recently Sold
432 S 4th St, Peotone, IL 60468
0.17
$370,100
3
2.5
2,200
Off Market
505 S Schroeder Ave, Peotone, IL 60468
0.17
$474,400
8
4
-
Off Market
441 S 2nd St, Peotone, IL 60468
0.17
$331,700
5
2
2,300
Off Market
516 S Schroeder Ave, Peotone, IL 60468
0.21
$438,400
7
4
-
Off Market
418 S 2nd St, Peotone, IL 60468
0.22
$258,500
3
1
1,100
Off Market
411 S 3rd St, Peotone, IL 60468
0.23
$325,700
5
3
2,300
Off Market
412 E South St, Peotone, IL 60468
0.25
$357,900
4
2
2,315
Off Market
404 E South St, Peotone, IL 60468
0.27
$250,000
3
2
1,600
Recently Sold
88 RR S 88th Ave, Peotone, IL 60468
0.28
-
-
-
-
Off Market
309 E South St, Peotone, IL 60468
0.30
$240,000
3
1.5
1,750
Recently Sold

Local Information

  • Map ViewExplore the area around 500 S Third St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family

About this House

This multi-family home is located at 500 S Third St, Peotone, IL. 500 S Third St is in Peotone, IL and in ZIP code 60468. This property has 1 bedroom and 1 bathroom.
500 S Third St, Peotone, IL 60468 is a 1 bedroom, 1 bathroom multi-family. It last sold for $868,600 on May 24, 2018. More recently, it was listed as a rental in August 2020 with an asking price of $875 per month. That rental listing was removed on March 4, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $550,900, with a rent estimate of $1,129/month.

Home Details for 500 S Third St

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricHeating Fuel: Forced Air
Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
Parking: Off Street

Property Information

Property Type / Style
Property Type: Multi Family

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Mar 4, 2021
Source: N/A
ListingRemoved
Sep 18, 2020
Source: N/A
ListingRemoved
$875
Aug 25, 2020
Source: N/A
Listed For Rent
$875
May 14, 2020
Source: N/A
ListingRemoved
$850
May 5, 2020
Source: N/A
Listed For Rent
$850

Market trends in Peotone

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
18
1MoM

Around this home

What Locals Say about Peotone

At least 33 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 94 % Say people would walk alone at night

  • 92 % Say there's holiday spirit

  • 89 % Say parking is easy

  • 88 % Say kids play outside

  • 88 % Say yards are well-kept

  • 86 % Say there are sidewalks

  • 85 % Say car is needed

  • 73 % Say it's walkable to grocery stores

  • 71 % Say they plan to stay for at least 5 years

  • 69 % Say there's wildlife

  • 67 % Say it's walkable to restaurants

  • 67 % Say neighbors are friendly

  • 62 % Say streets are well-lit

  • 62 % Say it's quiet

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Speech731
    "There are always people walking dogs and most even clean up after their dogs. Dogs are leashed and owners are responsible walkers "
    1
    Flag
  • Amber_sue_turner%40ymail.com
    "It’s super quiet and everyone is friendly. Every Christmas we have a whole town event and everyone comes together. It’s lovely. "
    5
    Flag
  • Speech731
    "Peotone is a friendly neighborhood to walk the dogs in at all hours. It feels safe and welcoming. Cars travel through the neighborhood at a slow enough speed to feel comfortable walking dogs both on the sidewalk and street."
    0
    Flag
  • Justy M
    "There are many dog walkers in the neighborhood. Dogs seem to be welcomed and part of the community. "
    0
    Flag
  • Jbalthazor.20
    "This neighborhood in Peotone has a ton of children, along with the entire town. This would be a great area for a family with little kids! There are a lot of kids but it is also a great spot for an older couple too or anywhere in between!!"
    2
    Flag
  • Michelle.knorr83
    "Nothing located in Peoteone. Required to travel for multiple food choices, along with groceries and other needs."
    0
    Flag
  • Speech731
    "My commute is easy, with the option of taking an expressway or a highway/main road. Both options are convenient and easy"
    0
    Flag
  • Jean G.
    "Wholesome community-lot's of parental involvement in sports and fund raising for charitable events. A definite community that cares for each others needs. Friendly and welcoming atmosphere"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 S Third St

  • What is 500 S Third St estimated to be worth?
    Trulia's estimated value for 500 S Third St in Peotone, IL is $550,900.
  • What is the price history for 500 S Third St?
    500 S Third St in Peotone, IL last sold for $868,600 in May 2018.
  • Is Peotone a buyer's or seller's market?
    Peotone is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Peotone?
    Residents describe Peotone, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Peotone, IL.
  • Does 500 S Third St have laundry facilities?
    Yes, 500 S Third St in Peotone, IL has in-unit laundry.
  • Does 500 S Third St have parking?
    Yes, 500 S Third St in Peotone, IL has on-site parking.

Apartments for Rent

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Off Market Homes Near 500 S Third St

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