Lake life looks good from 327 Elm Lane! Set along the shores of Lake Petersburg, this spacious 4-bedroom, 2.5-bath home offers more than 3,100 square feet of finished living space with room to spread out, entertain, and enjoy the water in every season. Inside, large windows & slider doors draw your attention straight to the lake while filling the main living spaces with natural light. The generous kitchen and living areas provide plenty of space for everyday life and gatherings, while the finished lower level adds even more flexibility with additional bedrooms, a family room, recreation space, and bonus area. Outside is where this property really shines! Step onto the multi-level deck and take in the water views, head down to your private dock, or spend the day enjoying everything Lake Petersburg has to offer right from your own backyard. Two attached one-car garages, main-level bedrooms, a fireplace, and numerous updates add to the home's functionality and appeal. Whether you're looking for a full-time lake home or a part-time getaway, this home offers the square footage, setting, and waterfront lifestyle that can be hard to find. Come see this Lake Petersburg property with fresh eyes... you may have just found the one!
For sale
$279,900
327 Elm Ln, Petersburg, IL 62675
4beds
3,197sqft
Single Family Residence, Residential
Built in 1963
0.31 Acres Lot
$288,500 Zestimate®
$88/sqft
$78/mo HOA
What's special
- 14 days
- 977
- 49
Zillow last checked:
Listing updated:
Listed by:
Jessica Shaffer Pref:217-871-3063,
Land & Home Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1046544
Originating MLS: Capital Area Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 17ft 0in x 11ft 0in
Bedroom 2
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Bedroom 3
- Level: Basement
- Dimensions: 19ft 0in x 11ft 0in
Bedroom 4
- Level: Basement
- Dimensions: 18ft 0in x 13ft 0in
Other
- Level: Main
- Dimensions: 21ft 0in x 14ft 0in
Other
- Area: 1231
Family room
- Level: Basement
- Dimensions: 15ft 0in x 12ft 0in
Kitchen
- Level: Main
- Dimensions: 20ft 0in x 15ft 0in
Living room
- Level: Main
- Dimensions: 31ft 0in x 13ft 0in
Main level
- Area: 1966
Heating
- Forced Air
Cooling
- Zoned, Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Central Vacuum
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,966
- Total interior livable area: 3,197 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Patio, Porch
- Exterior features: Dock
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Pond/Lake
Lot
- Size: 0.31 Acres
- Dimensions: 91' x 150'
Details
- Parcel number: 1127202136
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Other,Shingle
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lake Petersburg
HOA
- Has HOA: Yes
- HOA fee: $940 annually
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $234,513
- Annual tax amount: $4,915
- Date on market: 9/16/2026
- Cumulative days on market: 6 days
Estimated market value
$288,500
$274,000 - $303,000
$2,338/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $279,900+0.3%$88/sqft |
Source: | ||
| 9/30/2025 | Listing removed | $279,000$87/sqft |
Source: | ||
| 7/5/2025 | Price change | $279,000-3.5%$87/sqft |
Source: | ||
| 5/30/2025 | Listed for sale | $289,000+9.1%$90/sqft |
Source: | ||
| 8/20/2024 | Sold | $265,000-5.4%$83/sqft |
Source: | ||
| 7/1/2024 | Pending sale | $280,000$88/sqft |
Source: | ||
| 6/12/2024 | Listed for sale | $280,000+16.7%$88/sqft |
Source: | ||
| 12/11/2021 | Listing removed | -- |
Source: | ||
| 11/4/2021 | Price change | $239,900-4%$75/sqft |
Source: | ||
| 10/20/2021 | Price change | $249,900-3.9%$78/sqft |
Source: | ||
| 10/13/2021 | Listed for sale | $260,000+76.3%$81/sqft |
Source: | ||
| 10/23/2015 | Sold | $147,500$46/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,916 +4.1% | $78,171 +4.3% |
| 2023 | $4,724 +10.6% | $74,934 +3% |
| 2022 | $4,272 +3.7% | $72,751 +5.5% |
| 2021 | $4,120 +2.8% | $68,958 +3.5% |
| 2020 | $4,009 -0.3% | $66,626 |
| 2019 | $4,023 -0.1% | $66,626 |
| 2017 | $4,027 -7.7% | $66,626 |
| 2016 | $4,362 +9% | $66,626 |
| 2015 | $4,003 +9% | $66,626 +5.2% |
| 2014 | $3,672 | $63,333 |
| 2013 | $3,672 -0.5% | $63,333 |
| 2011 | $3,690 +2.6% | $63,333 +2.3% |
| 2009 | $3,597 | $61,907 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62675
Nearby schools
Schools provided by the listing agent
- High: Porta CUSD #202
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





