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16940 Spencer Rd; Joliet, IL Property Details

16940 Spencer Rd, Joliet, IL is a Single Family that was built in 1999. This property is currently a cash purchase and is not for sale. Our records show that 16940 Spencer Rd has 4 bedrooms, and 5.5 bathrooms, and a total of 5,541 square feet. The lot size of 16940 Spencer Rd is 247,856 square feet.

Off market
16940 Spencer Rd Joliet, IL 60433
$467,000 Listing Price
4 Beds
5.5 Baths
5,541 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1999
  • Purchase Price: $800,000
  • Est. Equity / %: $975,000 / 100%
  • Gross Yield: 9.547%
  • APN: 30-07-24-400-021
  • Situs County: Will
  • Length Of Ownership: 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 5.5
  • Full Bathrooms: 5
  • Total Rooms: 15
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Brick
  • Sewer Type: Septic
  • Water Source: Well

Measurements

  • Total: 5,541/SqFt
  • Lot: 247,856/SqFt
  • Gross: 5,541/SqFt
  • Garage: 1,082/SqFt
  • Living: 5,541/SqFt
  • Basement: 3,634/SqFt
  • Building: 5,541/SqFt
  • Garage Unfinished: 1,047/SqFt
  • Basement Unfinished: 1,907/SqFt
  • Price Per Square Foot: $144.38

Legal Description

  • Description: THE S 515 FT OF THE W 240.52 FT OF THE S 1070.51 FT OF THE E1/2 SE1/4 OF SEC 24, AND THE S 515 FT (EX THE E 1070.51 FT THRF)
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: 41.49721 / -88.02699
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 8577
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Parking: 4

Ownership Info

16940 Spencer Rd has no associated ownership info
16940 Spencer Rd has no associated ownership info.

Taxes

16940 Spencer Rd has 10 associated Taxes items

16940 Spencer Rd, 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 $311,645. The APN we've located for 16940 Spencer Rd is 30-07-24-400-021.

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Taxes
  • Assessed Value:  $311,645
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-24-400-021
  • Assessed Land Value:  41807
  • Market Land Value:  125421
  • Tax Amount:  25035.54
  • Tax Year:  2025
  • Market Value:  934935
  • Market Year:  2025

Tax History

16940 Spencer Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $311,645 Land Value $41,807 Improvement Value $269,838 Tax Amount $25,035.54 Change Rate Assessed CR Tax Rate +0.080334%
Year 2024 Assessed Value $285,128 Land Value $38,250 Improvement Value $246,878 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $253,335 Land Value $33,985 Improvement Value $219,350 Tax Amount $22,624.56 Change Rate +0.100197% Assessed CR Tax Rate +0.089307%
Year 2022 Assessed Value $229,159 Land Value $30,742 Improvement Value $198,417 Tax Amount $20,564.1 Change Rate +0.065077% Assessed CR Tax Rate +0.089737%
Year 2021 Assessed Value $214,027 Land Value $28,712 Improvement Value $185,315 Tax Amount $19,307.62 Change Rate +0.064415% Assessed CR Tax Rate +0.090211%
Year 2020 Assessed Value $203,255 Land Value $27,267 Improvement Value $175,988 Tax Amount $18,139.18 Change Rate +0.075299% Assessed CR Tax Rate +0.089243%
Year 2019 Assessed Value $188,899 Land Value $25,341 Improvement Value $163,558 Tax Amount $16,868.96 Change Rate +0.066043% Assessed CR Tax Rate +0.089301%
Year 2018 Assessed Value $174,551 Land Value $23,416 Improvement Value $151,135 Tax Amount $15,823.9 Change Rate +0.080869% Assessed CR Tax Rate +0.090655%
Year 2017 Assessed Value $158,697 Land Value $21,289 Improvement Value $137,408 Tax Amount $14,639.98 Change Rate +0.063332% Assessed CR Tax Rate +0.092251%
Year 2016 Assessed Value $146,111 Land Value $19,517 Improvement Value $126,594 Tax Amount $13,768.02 Change Rate Assessed CR Tax Rate +0.09423%
Year 2015 Assessed Value $137,000 Land Value $18,300 Improvement Value $118,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $136,322 Land Value $18,225 Improvement Value $118,097 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $136,322 Land Value $18,225 Improvement Value $118,097 Tax Amount $12,794.36 Change Rate Assessed CR Tax Rate +0.093854%