516 Chestnut Ln

$337,500
Price
3
Beds
1,700 Sq. Ft.
$199 / Sq. Ft.
1,700
Sq. Ft.
$199
per Sq. Ft.

Description

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....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!
  1. Listed by Steve Proutsos • Real People Realty
    P: (708)-250-2983 C: (708)-250-2983 sproutsos5@gmail.com

Property Details for 516 Chestnut Lane

Area
Peotone
Township
Peotone
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Air Conditioning Type
Central Air
Num of Interior Fireplaces
1
Heat/Fuel
Natural Gas
LISTING UPDATED: 12/04/2025 12:07 AM

Property Details for 516 Chestnut Lane

StatusActive
MLS #12518138
Days on Market57
Taxes$5,115 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built2005
Lot Size-
CountyWill County

Location

Listing Courtesy of Real People Realty
Add your commute

Building Information for 516 Chestnut Lane

Stories-Year Built2005Building Size-Lot Size-

Payment Calculator

$2,094 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,668

Property Taxes

$426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 516 Chestnut Lane

General Information
School Information
  • Elementary School District: 207U
  • High School District: 207U
  • Middle Or Junior School District: 207U
Addtl Parking Information
  • Parking Details: Asphalt, Yes, Attached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Num Of Rooms: 6
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Fireplace Features: Attached Fireplace Doors/Screen, Gas Starter
  • Basement Type: Unfinished, Partial
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Dining Room: Separate
  • Basement Bathrooms: No
  • Fireplace Location: Family Room
  • Room Type: No additional rooms
  • Num of Baths: 2.1
Exterior Features
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public, Storm Sewer
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 130.6x78.7x130.6x78.9
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding
  • General Information: School Bus Service,Interstate Access
  • Living Area Source: Assessor
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 14X12
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X10
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 12X10
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 12X10
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 21X21
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X12
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 8X5
Living Room Information
  • Living Room Level: N/A
  • Room Type: Living Room

Property History for 516 Chestnut Lane

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Price Change

MRED #12518138

$337,500
Nov 16, 2025

Listed (Active)

MRED #12518138

$339,900
Mar 24, 2014

Sold (Public Record)

Public Record #413307933

$199,000

-1.6% / yr

Mar 24, 2014

Sold

MRED #08503025

$195,000
Jan 27, 2014

Pending

MRED #08503025

Dec 13, 2013

Listed (Active)

MRED #08503025

$199,900
Nov 25, 2013

Expired

MRED #08353327

$199,900
May 28, 2013

Listed (Active)

MRED #08353327

$204,900
May 26, 2009

Sold (Public Record)

Public Record #271413230

$215,000

+3.1% / yr

May 26, 2009

Sold

MRED #07178091

$215,000
May 1, 2009

Pending

MRED #07178091

Apr 2, 2009

Listed (Active)

MRED #07178091

$224,900
Feb 8, 2005

Sold (Public Record)

Public Record #152849259

$188,500
DateEvent & SourcePrice
11/28/2025

Price Change

MRED #12518138

$337,500
11/16/2025

Listed (Active)

MRED #12518138

$339,900
03/24/2014

Sold (Public Record)

Public Record #413307933

$199,000

-1.6% / yr

03/24/2014

Sold

MRED #08503025

$195,000
01/27/2014

Pending

MRED #08503025

12/13/2013

Listed (Active)

MRED #08503025

$199,900
11/25/2013

Expired

MRED #08353327

$199,900
05/28/2013

Listed (Active)

MRED #08353327

$204,900
05/26/2009

Sold (Public Record)

Public Record #271413230

$215,000

+3.1% / yr

05/26/2009

Sold

MRED #07178091

$215,000
05/01/2009

Pending

MRED #07178091

04/02/2009

Listed (Active)

MRED #07178091

$224,900
02/08/2005

Sold (Public Record)

Public Record #152849259

$188,500

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

Public Records for 516 Chestnut Lane

Taxable ValueLand$14,885Additions$72,658Total$87,543
Tax Record2024$5,115 ($426 / month)
Home Facts
Beds3Baths2.5Stories2Lot Size10,454 SqFtStyleSingle Family ResidenceCountyWILLAPN20-21-19-109-018

Schools near 516 Chestnut Lane

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.

Similar Homes

Similar Sold Homes

516 Chestnut Lane is a single family home for sale in Peotone, IL 60468. This property was listed for sale on November 16, 2025 by Real People Realty, it's currently listed at $337,500. It has been on the market for a total of 57 days and was last sold on March 24, 2014. This listing's school district is Peotone Community Unit School District 207u. Nearby schools include Peotone Elementary School, Peotone Intermediate Center and Peotone Jr High School. 516 Chestnut Lane is a 3-bed, 3-bath, 1,700 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real People Realty

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 12/04/2025 12:07 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.