Large Location Icon

124 Wallace St; Joliet, IL Property Details

124 Wallace St, Joliet, IL is a Single Family that was built in 1880. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 124 Wallace St has a total of 768 square feet. The lot size of 124 Wallace St is 6,015 square feet.

Off market
124 Wallace St Joliet, IL 60436
$38,791 Estimated Value
768 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1880
  • Purchase Price: $65,000
  • Est. Equity / %: $194,000 / 100%
  • Gross Yield: 5.827%
  • APN: 30-07-16-234-041
  • Situs County: Will
  • Length Of Ownership: 19 years, 8 months

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Deck: true

Measurements

  • Total: 768/SqFt
  • Lot: 6,015/SqFt
  • Gross: 1,200/SqFt
  • Living: 1,200/SqFt
  • Basement: 768/SqFt
  • Building: 768/SqFt
  • Price Per Square Foot: $84.64

Legal Description

  • Description: BLOCK 58 THE W1/2 OF LOT 8 IN SCHOOL SECOND ADDN TO JOLIET BLANCHARDS SUB IN BLK 58, BEING A SUB OF PRT OF THE E1/2 OF THE NE
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: 41.519054 / -88.08536
  • Subdivision: School Section Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2220

Ownership Info

124 Wallace St has no associated ownership info
124 Wallace St has no associated ownership info.

Taxes

124 Wallace St has 10 associated Taxes items

124 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 $38,791. The APN we've located for 124 Wallace St is 30-07-16-234-041.

Unlock the full report
Taxes
  • Assessed Value:  $38,791
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-234-041
  • Assessed Land Value:  6283
  • Market Land Value:  18849
  • Tax Amount:  3115.2
  • Tax Year:  2025
  • Market Value:  116373
  • Market Year:  2025

Tax History

124 Wallace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,791 Land Value $6,283 Improvement Value $32,508 Tax Amount $3,115.2 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $35,490 Land Value $5,748 Improvement Value $29,742 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $31,533 Land Value $5,107 Improvement Value $26,426 Tax Amount $2,855.15 Change Rate +0.083869% Assessed CR Tax Rate +0.090545%
Year 2022 Assessed Value $28,524 Land Value $4,620 Improvement Value $23,904 Tax Amount $2,634.22 Change Rate +0.052131% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $26,641 Land Value $4,315 Improvement Value $22,326 Tax Amount $2,503.7 Change Rate +0.054003% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $25,300 Land Value $4,098 Improvement Value $21,202 Tax Amount $2,375.42 Change Rate +0.051322% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $23,513 Land Value $3,809 Improvement Value $19,704 Tax Amount $2,259.46 Change Rate +0.043659% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $21,727 Land Value $3,520 Improvement Value $18,207 Tax Amount $2,164.94 Change Rate +0.061037% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $19,753 Land Value $3,200 Improvement Value $16,553 Tax Amount $2,040.4 Change Rate +0.044003% Assessed CR Tax Rate +0.103296%
Year 2016 Assessed Value $18,184 Land Value $2,933 Improvement Value $15,251 Tax Amount $1,954.4 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $17,050 Land Value $2,750 Improvement Value $14,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $17,000 Land Value $2,750 Improvement Value $14,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $17,784 Land Value $3,046 Improvement Value $14,738 Tax Amount $1,852.68 Change Rate Assessed CR Tax Rate +0.104177%