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12 S Reed St; Joliet, IL Property Details

12 S Reed St, Joliet, IL is a Single Family that was built in 1931. This property is currently a cash purchase and is not for sale. Our records show that 12 S Reed St has 2 bedrooms, and 1 bathroom, and a total of 1,044 square feet. The lot size of 12 S Reed St is 5,472 square feet.

Off market
12 S Reed St Joliet, IL 60436
$80,000 Listing Price
2 Beds
1 Baths
1,044 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1931
  • Purchase Price: $80,000
  • Open Loans / Balance: 2 / $96,803
  • Est. Equity / %: $104,197 / 51.84%
  • Gross Yield: 12.412%
  • APN: 30-07-17-201-009
  • Situs County: Will
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,044/SqFt
  • Lot: 5,472/SqFt
  • Gross: 1,044/SqFt
  • Garage: 440/SqFt
  • Living: 1,044/SqFt
  • Basement: 1,044/SqFt
  • Building: 1,044/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $76.63

Legal Description

  • Description: LOT 57 IN BRANKLIN 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: 41.522312 / -88.108894
  • Subdivision: Branklin Terrace
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1449
  • Cooling: Central
  • Garage: Garage
  • Parking: 2

Ownership Info

12 S Reed St has no associated ownership info
12 S Reed St has no associated ownership info.

Taxes

12 S Reed St has 10 associated Taxes items

12 S Reed 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 $68,650. The APN we've located for 12 S Reed St is 30-07-17-201-009.

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Taxes
  • Assessed Value:  $68,650
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-201-009
  • Assessed Land Value:  12141
  • Market Land Value:  36423
  • Tax Amount:  5513.08
  • Tax Year:  2025
  • Market Value:  205950
  • Market Year:  2025

Tax History

12 S Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,650 Land Value $12,141 Improvement Value $56,509 Tax Amount $5,513.08 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $62,809 Land Value $11,108 Improvement Value $51,701 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $55,805 Land Value $9,869 Improvement Value $45,936 Tax Amount $4,978.2 Change Rate +0.211925% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $50,479 Land Value $8,927 Improvement Value $41,552 Tax Amount $4,107.68 Change Rate +0.062278% Assessed CR Tax Rate +0.081374%
Year 2021 Assessed Value $47,146 Land Value $8,338 Improvement Value $38,808 Tax Amount $3,866.86 Change Rate +0.062207% Assessed CR Tax Rate +0.082019%
Year 2020 Assessed Value $44,773 Land Value $7,918 Improvement Value $36,855 Tax Amount $3,640.4 Change Rate +0.063822% Assessed CR Tax Rate +0.081308%
Year 2019 Assessed Value $41,611 Land Value $7,359 Improvement Value $34,252 Tax Amount $3,422 Change Rate +0.096261% Assessed CR Tax Rate +0.082238%
Year 2018 Assessed Value $37,327 Land Value $6,610 Improvement Value $30,717 Tax Amount $3,121.52 Change Rate +0.081698% Assessed CR Tax Rate +0.083626%
Year 2017 Assessed Value $33,937 Land Value $6,010 Improvement Value $27,927 Tax Amount $2,885.76 Change Rate +0.110813% Assessed CR Tax Rate +0.085033%
Year 2016 Assessed Value $30,171 Land Value $5,505 Improvement Value $24,666 Tax Amount $2,597.88 Change Rate Assessed CR Tax Rate +0.086105%
Year 2015 Assessed Value $27,250 Land Value $5,200 Improvement Value $22,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $27,100 Land Value $5,150 Improvement Value $21,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $27,903 Land Value $5,748 Improvement Value $22,155 Tax Amount $2,281.8 Change Rate Assessed CR Tax Rate +0.081776%