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1118 Krings Ln; Joliet, IL Property Details

1118 Krings Ln, Joliet, IL is a Single Family that was built in 1959. This property is currently Bank Sale and is not for sale. Our records show that 1118 Krings Ln has a total of 1,248 square feet. The lot size of 1118 Krings Ln is 8,262 square feet.

Off market
1118 Krings Ln Joliet, IL 60435
$64,131 Estimated Value
1,248 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1959
  • Purchase Price: $76,500
  • Open Loans / Balance: 1 / $399,614
  • Est. Equity / %: $-131,614 / -49.11%
  • Gross Yield: 8.279%
  • APN: 30-07-06-405-001
  • Situs County: Will
  • Length Of Ownership: 29 years, 6 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)

Measurements

  • Total: 1,248/SqFt
  • Lot: 8,262/SqFt
  • Gross: 1,248/SqFt
  • Garage: 352/SqFt
  • Living: 1,248/SqFt
  • Basement: 1,248/SqFt
  • Building: 1,248/SqFt
  • Garage Unfinished: 352/SqFt
  • Price Per Square Foot: $61.30

Legal Description

  • Description: LOT 1 IN KRINGS ACRES UNIT 1, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 6, T35N-R10E.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.544228 / -88.121
  • Subdivision: Krings Acres
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 3837
  • Cooling: Central
  • Garage: Garage
  • Parking: 1

Ownership Info

1118 Krings Ln has no associated ownership info
1118 Krings Ln has no associated ownership info.

Taxes

1118 Krings Ln has 10 associated Taxes items

1118 Krings Ln, Joliet, IL pays taxes in Will County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $64,131. The APN we've located for 1118 Krings Ln is 30-07-06-405-001.

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Taxes
  • Assessed Value:  $64,131
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-06-405-001
  • Assessed Land Value:  5825
  • Market Land Value:  17475
  • Tax Amount:  5150.18
  • Tax Year:  2025
  • Market Value:  192393
  • Market Year:  2025

Tax History

1118 Krings Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,131 Land Value $5,825 Improvement Value $58,306 Tax Amount $5,150.18 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $58,674 Land Value $5,329 Improvement Value $53,345 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $52,132 Land Value $4,735 Improvement Value $47,397 Tax Amount $4,650.54 Change Rate +0.067862% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $47,157 Land Value $4,283 Improvement Value $42,874 Tax Amount $4,355 Change Rate +0.052156% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $44,043 Land Value $4,000 Improvement Value $40,043 Tax Amount $4,139.12 Change Rate +0.053978% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $41,827 Land Value $3,799 Improvement Value $38,028 Tax Amount $3,927.14 Change Rate +0.051314% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $38,873 Land Value $3,531 Improvement Value $35,342 Tax Amount $3,735.46 Change Rate +0.043634% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $35,921 Land Value $3,263 Improvement Value $32,658 Tax Amount $3,579.28 Change Rate +0.060993% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $32,659 Land Value $2,967 Improvement Value $29,692 Tax Amount $3,373.52 Change Rate +0.043613% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $30,076 Land Value $2,720 Improvement Value $27,356 Tax Amount $3,232.54 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $28,200 Land Value $2,550 Improvement Value $25,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,050 Land Value $2,550 Improvement Value $25,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $31,292 Land Value $2,849 Improvement Value $28,443 Tax Amount $3,051.56 Change Rate Assessed CR Tax Rate +0.097519%