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131 S Reed St; Joliet, IL Property Details

131 S Reed 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 131 S Reed St has 3 bedrooms, and 1 bathroom, and a total of 1,148 square feet. The lot size of 131 S Reed St is 6,219 square feet.

Off market
131 S Reed St Joliet, IL 60436
$242,500 Listing Price
3 Beds
1 Baths
1,148 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1957
  • Purchase Price: $242,500
  • Open Loans / Balance: 1 / $228,797
  • Est. Equity / %: $18,203 / 7.37%
  • Gross Yield: 10.348%
  • APN: 30-07-17-209-038
  • Situs County: Will
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,148/SqFt
  • Lot: 6,219/SqFt
  • Gross: 1,148/SqFt
  • Garage: 576/SqFt
  • Living: 1,148/SqFt
  • Basement: 1,148/SqFt
  • Building: 1,148/SqFt
  • Garage Unfinished: 576/SqFt
  • Price Per Square Foot: $211.24

Legal Description

  • Description: THE S1/2 OF LOT 282 AND ALL OF LOT 283 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: 41.519775 / -88.1096
  • Subdivision: Brankin Terrace
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1450
  • Cooling: Central
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

131 S Reed St has 10 associated Taxes items

131 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 $76,505. The APN we've located for 131 S Reed St is 30-07-17-209-038.

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Taxes
  • Assessed Value:  $76,505
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-209-038
  • Assessed Land Value:  13391
  • Market Land Value:  40173
  • Tax Amount:  5501.44
  • Tax Year:  2025
  • Market Value:  229515
  • Market Year:  2025

Tax History

131 S Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,505 Land Value $13,391 Improvement Value $63,114 Tax Amount $5,501.44 Change Rate Assessed CR Tax Rate +0.07191%
Year 2024 Assessed Value $69,996 Land Value $12,252 Improvement Value $57,744 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $62,191 Land Value $10,886 Improvement Value $51,305 Tax Amount $4,120.56 Change Rate -0.014088% Assessed CR Tax Rate +0.066257%
Year 2022 Assessed Value $56,256 Land Value $9,847 Improvement Value $46,409 Tax Amount $4,179.44 Change Rate +0.070531% Assessed CR Tax Rate +0.074293%
Year 2021 Assessed Value $52,542 Land Value $9,197 Improvement Value $43,345 Tax Amount $3,904.08 Change Rate +0.069013% Assessed CR Tax Rate +0.074304%
Year 2020 Assessed Value $49,897 Land Value $8,734 Improvement Value $41,163 Tax Amount $3,652.04 Change Rate +0.074401% Assessed CR Tax Rate +0.073192%
Year 2019 Assessed Value $46,373 Land Value $8,117 Improvement Value $38,256 Tax Amount $3,399.14 Change Rate +0.114662% Assessed CR Tax Rate +0.0733%
Year 2018 Assessed Value $41,604 Land Value $7,277 Improvement Value $34,327 Tax Amount $3,049.48 Change Rate +0.100538% Assessed CR Tax Rate +0.073298%
Year 2017 Assessed Value $37,825 Land Value $6,616 Improvement Value $31,209 Tax Amount $2,770.9 Change Rate +0.138629% Assessed CR Tax Rate +0.073256%
Year 2016 Assessed Value $33,642 Land Value $6,050 Improvement Value $27,592 Tax Amount $2,433.54 Change Rate Assessed CR Tax Rate +0.072336%
Year 2015 Assessed Value $30,350 Land Value $5,700 Improvement Value $24,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,200 Land Value $5,650 Improvement Value $24,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $31,096 Land Value $6,288 Improvement Value $24,808 Tax Amount $2,132.24 Change Rate Assessed CR Tax Rate +0.06857%