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116 Reichman St; Joliet, IL Property Details

116 Reichman St, Joliet, IL is a Single Family that was built in 1910. This property is currently a cash purchase and is not for sale. Our records show that 116 Reichman St has 2 bedrooms, and 1 bathroom, and a total of 984 square feet. The lot size of 116 Reichman St is 5,600 square feet.

Off market
116 Reichman St Joliet, IL 60433
$120,000 Listing Price
2 Beds
1 Baths
984 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1910
  • Purchase Price: $120,000
  • Est. Equity / %: $162,000 / 100%
  • Gross Yield: 11.044%
  • APN: 30-07-15-325-007
  • Situs County: Will
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Porch Type: Open
  • Sewer Type: Septic
  • Water Source: Municipal

Measurements

  • Total: 984/SqFt
  • Lot: 5,600/SqFt
  • Gross: 984/SqFt
  • Garage: 360/SqFt
  • Living: 984/SqFt
  • Basement: 984/SqFt
  • Building: 984/SqFt
  • Garage Unfinished: 360/SqFt
  • Price Per Square Foot: $121.95

Legal Description

  • Description: LOT 11 BLOCK 37 IN JOSEPH REICHMAN'S SUB OF PRT OF BLKS 37 40 IN CANAL TRUSTEES SUB, BEING PRT OF THE W1/2 OF THE SW1/4 SEC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.511078 / -88.07732
  • Subdivision: Joseph Reichmans
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2416
  • Cooling: Window\Unit
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

116 Reichman St has no associated ownership info
116 Reichman St has no associated ownership info.

Taxes

116 Reichman St has 10 associated Taxes items

116 Reichman 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 $38,977. The APN we've located for 116 Reichman St is 30-07-15-325-007.

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Taxes
  • Assessed Value:  $38,977
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-15-325-007
  • Assessed Land Value:  8133
  • Market Land Value:  24399
  • Tax Amount:  1808.86
  • Tax Year:  2025
  • Market Value:  116931
  • Market Year:  2025

Tax History

116 Reichman St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,977 Land Value $8,133 Improvement Value $30,844 Tax Amount $1,808.86 Change Rate Assessed CR Tax Rate +0.046408%
Year 2024 Assessed Value $35,661 Land Value $7,441 Improvement Value $28,220 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $31,684 Land Value $6,611 Improvement Value $25,073 Tax Amount $1,118.16 Change Rate -0.312671% Assessed CR Tax Rate +0.035291%
Year 2022 Assessed Value $28,660 Land Value $5,980 Improvement Value $22,680 Tax Amount $1,626.82 Change Rate -0.307312% Assessed CR Tax Rate +0.056763%
Year 2021 Assessed Value $26,767 Land Value $5,585 Improvement Value $21,182 Tax Amount $2,348.56 Change Rate -0.021197% Assessed CR Tax Rate +0.087741%
Year 2020 Assessed Value $25,420 Land Value $5,304 Improvement Value $20,116 Tax Amount $2,399.42 Change Rate +0.064318% Assessed CR Tax Rate +0.094391%
Year 2019 Assessed Value $23,624 Land Value $4,929 Improvement Value $18,695 Tax Amount $2,254.42 Change Rate +0.040812% Assessed CR Tax Rate +0.095429%
Year 2018 Assessed Value $21,830 Land Value $4,555 Improvement Value $17,275 Tax Amount $2,166.02 Change Rate +0.055164% Assessed CR Tax Rate +0.099222%
Year 2017 Assessed Value $19,847 Land Value $4,141 Improvement Value $15,706 Tax Amount $2,052.78 Change Rate +0.063628% Assessed CR Tax Rate +0.10343%
Year 2016 Assessed Value $17,917 Land Value $3,786 Improvement Value $14,131 Tax Amount $1,929.98 Change Rate Assessed CR Tax Rate +0.107718%
Year 2015 Assessed Value $16,800 Land Value $3,550 Improvement Value $13,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $16,750 Land Value $3,550 Improvement Value $13,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $18,422 Land Value $3,930 Improvement Value $14,492 Tax Amount $1,857.7 Change Rate Assessed CR Tax Rate +0.100841%