Last Sold Price
3 beds1,500 sqft$148/sqft
506 S Rathje Rd, Peotone, IL 60468

Description

Make this house your home! This 3 bedroom, 1 bath home is in a great neighborhood and the perfect opportunity to make it your own. Full basement with endless possibilities. Extra large yard with mature trees. Oversized 2-car garage is equipped with a workbench and a sink. The house has a whole house generator. The roof and siding were replaced in 2020 and Leaf Guard Gutters installed. There is a lot of potential here! Estate sale being sold "AS IS".Make this house your home! This 3 bedroom, 1 bath home is in a great neighborhood and the perfect opportunity to make it your own. Full basement with endless possibilities. Extra large yard with mature trees. Oversized 2-car garage is equipped with a workbench and a sink. The house has a whole house generator. The roof and siding were replaced in 2020 and Leaf Guard Gutters installed. There is a lot of potential here! Estate sale being sold "AS IS".
LISTING CLOSED: 10/20/2021 11:05 AM

  1. Listed by Gayle Malone • Jones Real Estate
    P: (708) 508-5953 C: (708) 508-5953 gaylemalone@sbcglobal.net

Sold By Speckman Realty Real Living

Property Details for 506 South Rathje Road

Status
MLS #
11206485
Days on Market
2
Taxes
$2,052 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Detached Single / 1 Story
Year Built
1971
Lot Size
0.33 AC / 14,374 SF
Area
Peotone
Township
Peotone
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas

Recent comparable sales

Median sold price

$247,000

Avg days on market

45

Sale-to-list ratio

94.3%

Peotone, IL

9 comparable properties found

a front view of a house with garden
1/20
1

$240,000

Sold 04/25/25

3
Bedrooms
1,417
Square Feet
0.25
Acres
a front view of a house with yard and green space
1/19
2

$255,000

Sold 09/19/24

3
Bedrooms
1,350
Square Feet
Unavailable
Acres
a view of a house with a patio
1/30
3

$254,900

Sold 02/13/26

3
Bedrooms
1,426
Square Feet
0.19
Acres
a front view of a house with a garden and trees
1/10
4

$240,000

Sold 03/20/26

3
Bedrooms
1,750
Square Feet
Unavailable
Acres
$285,000 | 208 West South Street, Peotone, IL 60468
1/36
5

$285,000

Sold 06/26/25

3
Bedrooms
1,700
Square Feet
0.25
Acres
$247,000 | 418 South 2nd Street, Peotone, IL 60468
1/15
6

$247,000

Sold 03/04/25

3
Bedrooms
1,100
Square Feet
0.19
Acres
a front view of a house with a garden
1/25
7

$229,900

Sold 09/12/24

3
Bedrooms
1,402
Square Feet
0.22
Acres
$240,000 | 456 Division Street, Peotone, IL 60468
1/26
8

$240,000

Sold 01/09/25

3
Bedrooms
1,700
Square Feet
0.26
Acres
$250,000 | 404 East South Street, Peotone, IL 60468
1/51
9

$250,000

Sold 02/23/26

3
Bedrooms
1,600
Square Feet
0.24
Acres

Location

Add your commute

Building Information for 506 South Rathje Road

Stories-Year Built1971Building Size-Lot Size0.33 AC / 14,374 SF

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$1,299 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,128

Property Taxes

$171

HOA Dues

$0

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Property Information for 506 South Rathje Road

General Information
School Information
  • Elementary School District: 207U
  • High School District: 207U
  • Middle Or Junior School District: 207U
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 7
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Type: 1 Story
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Private
  • Appliances: Range, Refrigerator, Dryer, Water Softener
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 41-50 Years
  • Type Detached: 1 Story
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 172X87
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Driveway: Concrete
  • Exterior Building Type: Vinyl Siding, Brick
  • General Information: None
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-09-01T18:36:41
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 11X11
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X11
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X10
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 11X11
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 46X26
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 11X12
Laundry Information
  • Laundry Level: Basement
  • Room Type: Laundry
  • Laundry Dimensions: 3X3
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 22X15

Property History for 506 South Rathje Road

DateEvent & SourcePriceAppreciation
Oct 20, 2021

Sold

MRED #11206485

Oct 18, 2021

Expired

MRED #11206485

Oct 15, 2021

Sold (Public Record)

Public Record #1475353407

$222,000
DateEvent & SourcePrice
10/20/2021

Sold

MRED #11206485

10/18/2021

Expired

MRED #11206485

10/15/2021

Sold (Public Record)

Public Record #1475353407

$222,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 506 South Rathje Road

Taxable ValueLand$18,771Additions$61,823Total$80,594
Tax Record2025$4,180 ($348 / month)
Home Facts
Beds0Lot Size14,375 SqFtStyleSingle Family ResidenceCountyWILLAPN17-20-23-406-006

Schools near 506 South Rathje Road

This home is within Peotone Community Unit School District 207u.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Peotone Elementary School
PublicK to 3

Peotone Intermediate Center
Public4 to 5

Peotone Jr High School
Public6 to 8

Peotone High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 506 South Rathje Road, Peotone, IL 60468
$222,000
3
1,500
14,374
$235,000
3
1,800
14,374
14,375
14,375
$30,000
12,062
$165,000
3
11,600

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jones Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/20/2021 11:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.