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1118 Nicholson St; Joliet, IL Property Details

1118 Nicholson St, Joliet, IL is a Single Family that was built in 1919. This property is currently Financed and is not for sale. Our records show that 1118 Nicholson St has 2 bedrooms, and 1 bathroom, and a total of 1,024 square feet. The lot size of 1118 Nicholson St is 5,220 square feet.

Off market
1118 Nicholson St Joliet, IL 60435
$120,000 Listing Price
2 Beds
1 Baths
1,024 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1919
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $99,974
  • Est. Equity / %: $107,026 / 51.7%
  • Gross Yield: 10.643%
  • APN: 30-07-04-306-005
  • Situs County: Will
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Porch Type: Open
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,024/SqFt
  • Lot: 5,220/SqFt
  • Gross: 1,024/SqFt
  • Garage: 308/SqFt
  • Living: 1,024/SqFt
  • Basement: 1,024/SqFt
  • Building: 1,024/SqFt
  • Garage Unfinished: 308/SqFt
  • Price Per Square Foot: $117.19

Legal Description

  • Description: LOT 50 IN L STERN SON'S SUB OF LOT 4 OF HUTCHIN'S SUB, BEING A SUB OF PRT OF THE N1/2 OF THE S1/2 OF SEC 4, 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: 41.544636 / -88.094124
  • Subdivision: L Stern Son'S Sub
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 4227
  • Cooling: Central
  • Garage: Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1118 Nicholson St has no associated ownership info
1118 Nicholson St has no associated ownership info.

Taxes

1118 Nicholson St has 10 associated Taxes items

1118 Nicholson St, 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 $63,461. The APN we've located for 1118 Nicholson St is 30-07-04-306-005.

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Taxes
  • Assessed Value:  $63,461
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-04-306-005
  • Assessed Land Value:  12694
  • Market Land Value:  38082
  • Tax Amount:  4453.92
  • Tax Year:  2025
  • Market Value:  190383
  • Market Year:  2025

Tax History

1118 Nicholson St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $63,461 Land Value $12,694 Improvement Value $50,767 Tax Amount $4,453.92 Change Rate Assessed CR Tax Rate +0.070184%
Year 2024 Assessed Value $58,061 Land Value $11,614 Improvement Value $46,447 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,587 Land Value $10,319 Improvement Value $41,268 Tax Amount $3,888.28 Change Rate +0.035395% Assessed CR Tax Rate +0.075373%
Year 2022 Assessed Value $46,664 Land Value $9,334 Improvement Value $37,330 Tax Amount $3,755.36 Change Rate +0.063233% Assessed CR Tax Rate +0.080477%
Year 2021 Assessed Value $43,583 Land Value $8,718 Improvement Value $34,865 Tax Amount $3,532.02 Change Rate +0.063003% Assessed CR Tax Rate +0.081041%
Year 2020 Assessed Value $41,389 Land Value $8,279 Improvement Value $33,110 Tax Amount $3,322.68 Change Rate +0.065064% Assessed CR Tax Rate +0.080279%
Year 2019 Assessed Value $38,465 Land Value $7,694 Improvement Value $30,771 Tax Amount $3,119.7 Change Rate +0.090286% Assessed CR Tax Rate +0.081105%
Year 2018 Assessed Value $34,716 Land Value $7,110 Improvement Value $27,606 Tax Amount $2,861.36 Change Rate +0.083627% Assessed CR Tax Rate +0.082422%
Year 2017 Assessed Value $31,563 Land Value $6,464 Improvement Value $25,099 Tax Amount $2,640.54 Change Rate +0.090501% Assessed CR Tax Rate +0.083659%
Year 2016 Assessed Value $28,529 Land Value $5,919 Improvement Value $22,610 Tax Amount $2,421.4 Change Rate Assessed CR Tax Rate +0.084875%
Year 2015 Assessed Value $26,750 Land Value $5,550 Improvement Value $21,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,600 Land Value $5,500 Improvement Value $21,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $27,412 Land Value $6,092 Improvement Value $21,320 Tax Amount $2,230.64 Change Rate Assessed CR Tax Rate +0.081375%