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116 S May St; Joliet, IL Property Details

116 S May St, Joliet, IL is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 116 S May St has 2 bedrooms, and 1 bathroom, and a total of 996 square feet. The lot size of 116 S May St is 5,554 square feet.

Off market
116 S May St Joliet, IL 60436
$200,000 Listing Price
2 Beds
1 Baths
996 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1957
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $185,332
  • Est. Equity / %: $42,668 / 18.71%
  • Gross Yield: 11.326%
  • APN: 30-07-17-212-012
  • Situs County: Will
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 996/SqFt
  • Lot: 5,554/SqFt
  • Gross: 996/SqFt
  • Garage: 286/SqFt
  • Living: 996/SqFt
  • Basement: 996/SqFt
  • Building: 996/SqFt
  • Garage Unfinished: 286/SqFt
  • Price Per Square Foot: $200.80

Legal Description

  • Description: LOT 152 IN BRANKIN TERRACE, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 17, 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: 41.52043 / -88.106476
  • Subdivision: Branklin Terrace
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1404
  • Cooling: Central
  • Garage: Garage
  • Parking: 1

Ownership Info

116 S May St has no associated ownership info
116 S May St has no associated ownership info.

Taxes

116 S May St has 10 associated Taxes items

116 S May 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 $72,374. The APN we've located for 116 S May St is 30-07-17-212-012.

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Taxes
  • Assessed Value:  $72,374
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-212-012
  • Assessed Land Value:  11405
  • Market Land Value:  34215
  • Tax Amount:  5169.68
  • Tax Year:  2025
  • Market Value:  217122
  • Market Year:  2025

Tax History

116 S May St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,374 Land Value $11,405 Improvement Value $60,969 Tax Amount $5,169.68 Change Rate Assessed CR Tax Rate +0.07143%
Year 2024 Assessed Value $66,216 Land Value $10,435 Improvement Value $55,781 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,832 Land Value $9,271 Improvement Value $49,561 Tax Amount $4,534.58 Change Rate +0.039912% Assessed CR Tax Rate +0.077077%
Year 2022 Assessed Value $53,217 Land Value $8,386 Improvement Value $44,831 Tax Amount $4,360.54 Change Rate +0.061692% Assessed CR Tax Rate +0.081939%
Year 2021 Assessed Value $49,703 Land Value $7,832 Improvement Value $41,871 Tax Amount $4,107.16 Change Rate +0.061704% Assessed CR Tax Rate +0.082634%
Year 2020 Assessed Value $47,202 Land Value $7,438 Improvement Value $39,764 Tax Amount $3,868.46 Change Rate +0.063085% Assessed CR Tax Rate +0.081955%
Year 2019 Assessed Value $43,868 Land Value $6,913 Improvement Value $36,955 Tax Amount $3,638.9 Change Rate +0.120089% Assessed CR Tax Rate +0.082951%
Year 2018 Assessed Value $38,604 Land Value $6,388 Improvement Value $32,216 Tax Amount $3,248.76 Change Rate +0.080874% Assessed CR Tax Rate +0.084156%
Year 2017 Assessed Value $35,098 Land Value $5,808 Improvement Value $29,290 Tax Amount $3,005.68 Change Rate +0.079448% Assessed CR Tax Rate +0.085637%
Year 2016 Assessed Value $31,907 Land Value $5,307 Improvement Value $26,600 Tax Amount $2,784.46 Change Rate Assessed CR Tax Rate +0.087268%
Year 2015 Assessed Value $29,200 Land Value $5,000 Improvement Value $24,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,100 Land Value $5,000 Improvement Value $24,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,191 Land Value $5,551 Improvement Value $28,640 Tax Amount $2,565.36 Change Rate Assessed CR Tax Rate +0.07503%