Taxes
- Assessed Value: $34,019
- Assessed Year: 2025
- Assessed County: Will
- APN: 30-07-16-234-042
- Assessed Land Value: 6283
- Market Land Value: 18849
- Tax Amount: 1447.06
- Tax Year: 2025
- Market Value: 102057
- Market Year: 2025
116 Wallace St; Joliet, IL Property Details
Off market
116 Wallace St Joliet, IL 60436
$34,019 Estimated Value
3 Beds
1 Baths
1,104 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1885
- Purchase Price: $19,500
- Est. Equity / %: $206,000 / 100%
- Gross Yield: 7.328%
- APN: 30-07-16-234-042
- Situs County: Will
- Length Of Ownership: 32 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Siding (Alum/Vinyl)
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,104/SqFt
- Lot: 5,662/SqFt
- Gross: 1,104/SqFt
- Living: 1,104/SqFt
- Basement: 1,104/SqFt
- Building: 1,104/SqFt
- Price Per Square Foot: $17.66
Legal Description
- Description: THE E1/2 OF LOT 8 IN BLK 58, IN SCHOOL SEC ADDN TO JOLIET, IN THE NE1/4 OF SEC 16, T35N-R10E.
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: 41.51905 / -88.08503
- Subdivision: School Section Addition To Joliet
- Property Class: Residential
- County Use Code: R
Amenities
- Plus Four: 2220
- Cooling: None
Ownership Info
116 Wallace St has no associated ownership info
116 Wallace St has no associated ownership info.
Taxes
116 Wallace St has 10 associated Taxes items
116 Wallace 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 $34,019. The APN we've located for 116 Wallace St is 30-07-16-234-042.
Unlock the full reportTax History
116 Wallace St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $34,019 | Land Value $6,283 | Improvement Value $27,736 | Tax Amount $1,447.06 | Change Rate | Assessed CR | Tax Rate +0.042537% |
| Year 2024 | Assessed Value $31,124 | Land Value $5,748 | Improvement Value $25,376 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $27,653 | Land Value $5,107 | Improvement Value $22,546 | Tax Amount $1,039.54 | Change Rate +0.006292% | Assessed CR | Tax Rate +0.037592% |
| Year 2022 | Assessed Value $25,014 | Land Value $4,620 | Improvement Value $20,394 | Tax Amount $1,033.04 | Change Rate -0.110813% | Assessed CR | Tax Rate +0.041298% |
| Year 2021 | Assessed Value $23,362 | Land Value $4,315 | Improvement Value $19,047 | Tax Amount $1,161.78 | Change Rate +0.106183% | Assessed CR | Tax Rate +0.049729% |
| Year 2020 | Assessed Value $22,186 | Land Value $4,098 | Improvement Value $18,088 | Tax Amount $1,050.26 | Change Rate +0.136227% | Assessed CR | Tax Rate +0.047339% |
| Year 2019 | Assessed Value $20,619 | Land Value $3,809 | Improvement Value $16,810 | Tax Amount $924.34 | Change Rate +0.151912% | Assessed CR | Tax Rate +0.04483% |
| Year 2018 | Assessed Value $19,053 | Land Value $3,520 | Improvement Value $15,533 | Tax Amount $802.44 | Change Rate +0.228776% | Assessed CR | Tax Rate +0.042116% |
| Year 2017 | Assessed Value $17,322 | Land Value $3,200 | Improvement Value $14,122 | Tax Amount $653.04 | Change Rate +0.228951% | Assessed CR | Tax Rate +0.0377% |
| Year 2016 | Assessed Value $15,944 | Land Value $2,933 | Improvement Value $13,011 | Tax Amount $531.38 | Change Rate | Assessed CR | Tax Rate +0.033328% |
| Year 2015 | Assessed Value $14,950 | Land Value $2,750 | Improvement Value $12,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $14,900 | Land Value $2,750 | Improvement Value $12,150 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $15,622 | Land Value $3,046 | Improvement Value $12,576 | Tax Amount | Change Rate | Assessed CR | Tax Rate |