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$337,500

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,700 Sq. Ft.
  • 2 Car Garage
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Welcome home to this charming and beautifully maintained 2-story house featuring 3 bedrooms and 2.5 baths. Step inside to discover gleaming hardwood floors throughout, creating a warm and inviting flow from room to room. The spacious family room offers the perfect setting for relaxing evenings or entertaining guests. Home chefs will love the large, open kitchen, complete with stainless steel appliances, granite countertops, ample cabinet space, and a comfortable layout ideal for cooking and gathering. Upstairs, you'll find three well-appointed bedrooms, including a serene primary suite with generous closet space. The unfinished basement provides endless possibilities-create a home gym, workshop, extra storage, or finish the space to suit your needs. Step outside to your own private oasis: a large backyard perfect for outdoor fun and a refreshing above-ground pool, ideal for summer enjoyment. Some of the other upgrades throughout the home is a NEW 2025 air conditioner and a furnace and water heater that was installed 5 years ago. With its fantastic features, spacious layout, and room to grow, this home is ready to welcome its next owner to make their own wonderful memories. New ac unit installed this last summer, and furnace and hot water heater installed 5 years ago!!! Don't miss out on this wonderful opportunity! ALL NEW PAINTED BEDROOMS AND NEW CARPET INSTALLED IN BEDROOMS!

Full Property Details for 516 Chestnut Ln

General

  • Price: $337,500
  • Taxes: $5,115 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12518138
  • Updated: 12/4/2025
  • Added to Site: 61 day(s) ago

Interior

  • Basement: Unfinished
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Attached Fireplace Doors/Screen, Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Other Features: School Bus Service, Interstate Access

Parking

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

Location

  • Area: Peotone
  • County: Will
  • Township: Peotone
  • Driving Directions: Take Rt. 50 then to Hauert, East to Chestnut, North to home

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, Storm Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Square Feet: 1,700
  • Sq. Ft. Source: Assessor
  • Year Built: 2005

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 130.6 x 78.7 x 130.6 x 78.9

Financial Considerations

  • Assessment Year: 2005
  • Tax Amount: $5,115
  • Tax Year: 2024
  • Pays Sewer: Public Sewer, Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 2021191090180000

Listed by Real People Realty

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Listing agent

— 516 Chestnut Ln —

  • Real People Realty

(708) 250-2983

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

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Request a Quote

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

Schools serving 516 Chestnut 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
6-81.2 mi
Peotone High School
605 West North Street, Peotone, IL 60468
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 Chestnut Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/28/2025
Price Reduced
$337,500
-0.71%
MLS
11/16/2025
Listed
$339,900
70.8%
MLS
3/24/2014
Sold
$199,000
—
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 516 Chestnut Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,115
2%
$87,543
7%
2023
$5,034
5%
$81,770
9%
2022
$4,815
—
$75,039
7%
2022
$4,815
6%
$69,842
5%
2020
$4,529
-5%
$66,421
—
2019
$4,749
15%
$66,421
21%
2018
$4,138
-4%
$55,045
9%
2017
$4,321
4%
$50,528
5%
2016
$4,160
2%
$48,168
6%
2015
$4,074
-3%
$45,463
2%
2014
$4,185
—
$44,571
-3%
2013
$4,186
1%
$45,902
-6%
2012
$4,147
—
$48,962
—
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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516 Chestnut Lane, Peotone, IL 60468 (MLS# 12518138) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 516 Chestnut Lane is currently listed for $337,500 and was received on November 16, 2025. Want to learn more about 516 Chestnut 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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