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$450,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,300 Sq. Ft.
  • 2 Car Garage
  • Updated 17 hours ago

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Open House: 12:00 PM - 2:00 PM

Sunday 7/19 12:00 PM - 2:00 PM

487 Locust Lane,Peotone, IL 60468

487 Locust LanePeotoneIL60468

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Welcome to 487 Locust Lane in Peotone located in the desirable subdivision The Meadows! This beautiful two-story 4-bedroom, 2.5 bathroom home offers over 2,300 square feet of living space for comfort and functionality. From the moment you arrive, you will appreciate the inviting curb appeal. Inside, you will find a generous living area including a cozy fireplace and a large eat-in kitchen featuring custom cabinetry, granite countertops, stainless steal appliances, and a generous size pantry. The full, unfinished basement offers endless possibilities to create the space you've always wanted, plus rough in plumbing. Step outside to your private backyard oasis complete with a fully fenced yard, dog run, storage shed, cute tiki bar, and granite-top outdoor cooking prep station- perfect for entertaining family and friends! The backyard also includes a semi-inground pool. The seller is offering a $5k closing credit that the buyer may use toward installing a new pool liner or removing the pool to create additional backyard space. The deck box and pool equipment are included. Paid-off solar panels provide the added benefit of energy savings with no lease or loan to assume! Additional updates include a new roof 2019, fence 2021, shed 2021, stainless steel refrigerator 2026, washer/dryer 2025, 75 gallon hot water tank 2021, furnace with HEPA filter 2021, and A/C 2021 Schedule your private showing today!

Full Property Details for 487 Locust Ln

General

  • Price: $450,000
  • Taxes: $5,914 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12690493
  • Updated: 7/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom Features: Whirlpool

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump

Exterior

  • Exterior Features: Dog Run

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Concrete, Yes, Attached, Garage

Location

  • Area: Peotone
  • County: Will
  • Township: Peotone
  • Driving Directions: From I-57 take exit Wilmington/Peotone Rd. Head east. Continue into town until you reach Harlem Ave. (IL-50/Governors Highway). Turn left (north) onto Harlem Ave. Turn left onto Locust Ln. Continue to 487 Locust Ln., which will be on your left.

School Information

  • School District: 207U
  • Elem School District: 207U
  • Midd School District: 207U
  • High School District: 207U

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Windows: Screens
  • Doors: French Doors, Sliding Doors
  • Square Feet: 2,300
  • Sq. Ft. Source: Appraiser
  • Year Built: 2005

Additional Structures

  • Other Structures: Workshop, Shed(s), Garage(s)

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 93 x 132

Financial Considerations

  • Assessment Year: 2005
  • Tax Amount: $5,914
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1720234020210000

Listed by @properties Christie�s International Real Estate

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— 487 Locust Ln —

  • @properties Christie�s International Real Estate

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 487 Locust Ln

School District:Peotone Community Unit School District 207u
NameGradesDistance
Peotone Elementary School
426 North Conrad Avenue, Peotone, IL 60468
K-31 mi
Peotone Intermediate Center
9526 West Manhattan-Monee Road, Frankfort, IL 60423
4-57.1 mi
Peotone Jr High School
1 Blue Devil Drive, Peotone, IL 60468
6-80.6 mi
Peotone High School
605 West North Street, Peotone, IL 60468
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 487 Locust Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$450,000
60.71%
MLS
12/28/2020
Sold
$280,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 487 Locust Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,214
5%
$112,566
5%
2023
$5,922
4%
$107,134
11%
2022
$5,711
—
$96,647
8%
2022
$5,711
2%
$89,314
5%
2020
$5,614
-4%
$84,819
—
2019
$5,863
-6%
$84,819
—
2018
$6,266
2%
$84,819
2%
2017
$6,163
1%
$83,002
2%
2016
$6,075
—
$81,374
3%
2015
$6,089
-5%
$78,698
—
2014
$6,405
2%
$78,698
-1%
2013
$6,281
1%
$79,261
-6%
2012
$6,230
—
$84,771
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie�s International Real Estate

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487 Locust Lane, Peotone, IL 60468 (MLS# 12690493) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 487 Locust Lane is currently listed for $450,000 and was received on July 13, 2026. Want to learn more about 487 Locust Lane? Do you have questions about finding other Single Family real estate for sale in Peotone? You can browse all Peotone real estate or contact a Coldwell Banker agent to request more information.

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