Property Details
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This property is located at 429 East Main Street in Peotone, IL 60468. It is situated on a 25,265 square foot lot and is classified as a residential property. The last sale of this property was on October 27, 2023 for $220,000. The legal description of the property includes the East 145.4 feet of the West 285.4 feet of the South 165 feet of the North 330 feet of Outlots 1 and 2 in HA HJOHNSONS SUB, which has an assessed value of $85,737.00 and a market value of $257,211.00. The property also has a heating system and the land itself is valued at $23,685.00.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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