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Foreclosure Homes in Peotone, IL

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Westgate-dr-Peotone-IL-60468
Preforeclosure
$243,000 EMV

Westgate Dr
Peotone, IL 60468

4 Bed | 3 Bath | 0 Sq. Ft.

Jean-st-Peotone-IL-60468
Preforeclosure
$165,410 EMV

Jean St
Peotone, IL 60468

| 0 Sq. Ft.

E-corning-ave-Peotone-IL-60468
Preforeclosure
$174,211 EMV

E Corning Ave
Peotone, IL 60468

E-corning-ave-Peotone-IL-60468
Preforeclosure
$174,211 EMV

E Corning Ave
Peotone, IL 60468

W-kennedy-rd-Peotone-IL-60468
Bankruptcy
$252,450 EMV

W Kennedy Rd
Peotone, IL 60468

S-fourth-st-Peotone-IL-60468
Bankruptcy
$138,965 EMV

S Fourth St
Peotone, IL 60468

W-offner-rd-Peotone-IL-60468
Bankruptcy
$76,500 EMV

W Offner Rd
Peotone, IL 60468

W-offner-rd-Peotone-IL-60468
Tax Lien
$553,754 EMV

W Offner Rd
Peotone, IL 60468

E-11000n-rd-Peotone-IL-60468
Tax Lien
$196,180 EMV

E 11000n Rd
Peotone, IL 60468

E-12000n-rd-Peotone-IL-60468
Tax Lien
$128,945 EMV

E 12000n Rd
Peotone, IL 60468

Displaying 1 - 10 of 17

Home Value Estimator For Peotone, IL

There are currently 284 real estate properties in Peotone, IL, with a median automated valuation model (AVM) price of $231,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peotone, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Peotone, IL, is $269,340.00, with the most expensive house in Peotone, IL, topping out at $1,500,000.00 and the cheapest home in Peotone, IL, clocking in at $40,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Peotone, IL!


Rent Prices In Peotone, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peotone, IL, is on a rollercoaster ride. The average rent price in Peotone, IL, is $1,713.00. Indeed, when looking to rent in Peotone, IL, you can expect to pay as little as $850.00 or as much as $3,410.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Peotone, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Peotone, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Peotone, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Peotone, IL and much more. Save thousands at closing with home foreclosure listings in Peotone, IL — up to 75% off market value!


Top Reasons To Live In Peotone, IL In 2021

Peotone is located in Will, Illinois, with an estimated municipal population of 4,105 residents. All of the best foreclosed homes for sale in Peotone are located in the following zip code areas on Foreclosure.com: 60468. The estimated population per square kilometer (.62 miles) in Peotone is 848.


Cost Of Living In Peotone, IL

So, about how much do homes cost in Peotone? The most recent median value of resident-owned homes in Peotone is 192,214. An estimated 73.9 percent of households in Peotone own their homes, with an average family size of 3.42. The median household income in Peotone is 83,651, with39.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Peotone, the median commute time of resident workers (in minutes) is 32.5. And last, but certainly not least, are you looking for homes to rent in Peotone? If so, the average rent price paid by renters in Peotone is 926, according to recent statistics.


Diversity And Demographics In Peotone, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Peotone, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Peotone is 37.5, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Peotone is 47.5, with an average family size of 3.42.

The percentage of residents who report their race in Peotone is as follows:

White 95.1%
Black / African American 0.3%
Asian 0.1%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Peotone? Or maybe you are searching for 55+ active adult communities in and/or near Peotone?

The percentage of residents who report their age in Peotone is as follows:

Under 10 11.5%
Aged 10-19 18.7%
20s 12.5%
30s 11.4%
40s 15.5%
50s 14.2%
60s 8.4%
70s 5.5%
80+ 2.4%

Best Schools In Peotone, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Peotone with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Peotone.


Pros And Cons Of Living In Peotone, Illinois

How do you know that living in -- or moving to -- Peotone is right where you need to be? Perhaps you grew up in Peotone or already live nearby; therefore, the decision to buy a home in Peotone is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Peotone for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Peotone:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Peotone.


Reasons To Move To Peotone, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Peotone can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Peotone, meanwhile, can field multiple offers from more qualified buyers.

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