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1705 Terrace Ave; Joliet, IL Property Details

1705 Terrace Ave, Joliet, IL is a Single Family that was built in 1942. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1705 Terrace Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,140 square feet. The lot size of 1705 Terrace Ave is 7,475 square feet.

Off market
1705 Terrace Ave Joliet, IL 60435
$83,500 Listing Price
3 Beds
1.5 Baths
1,140 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1942
  • Purchase Price: $83,500
  • Open Loans / Balance: 1 / $87,526
  • Est. Equity / %: $158,474 / 64.42%
  • Gross Yield: 11.107%
  • APN: 30-07-07-401-019
  • Situs County: Will
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,140/SqFt
  • Lot: 7,475/SqFt
  • Gross: 1,140/SqFt
  • Garage: 308/SqFt
  • Living: 1,140/SqFt
  • Basement: 360/SqFt
  • Building: 1,140/SqFt
  • Basement Finished: 570/SqFt
  • Garage Unfinished: 308/SqFt
  • Price Per Square Foot: $73.25

Legal Description

  • Description: LOT 42 IN MARQUETTE GARDENS DEFENSE HOMES SUB, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 7, 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: 41.526966 / -88.12338
  • Subdivision: Marquette Gardens
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 6723
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1705 Terrace Ave has no associated ownership info
1705 Terrace Ave has no associated ownership info.

Taxes

1705 Terrace Ave has 10 associated Taxes items

1705 Terrace Ave, 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 $83,069. The APN we've located for 1705 Terrace Ave is 30-07-07-401-019.

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Taxes
  • Assessed Value:  $83,069
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-07-401-019
  • Assessed Land Value:  19647
  • Market Land Value:  58941
  • Tax Amount:  2112.24
  • Tax Year:  2025
  • Market Value:  249207
  • Market Year:  2025

Tax History

1705 Terrace Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,069 Land Value $19,647 Improvement Value $63,422 Tax Amount $2,112.24 Change Rate Assessed CR Tax Rate +0.025428%
Year 2024 Assessed Value $76,001 Land Value $17,975 Improvement Value $58,026 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,527 Land Value $15,971 Improvement Value $51,556 Tax Amount $2,346.32 Change Rate -0.188344% Assessed CR Tax Rate +0.034746%
Year 2022 Assessed Value $61,083 Land Value $14,447 Improvement Value $46,636 Tax Amount $2,890.78 Change Rate -0.017323% Assessed CR Tax Rate +0.047325%
Year 2021 Assessed Value $57,050 Land Value $13,493 Improvement Value $43,557 Tax Amount $2,941.74 Change Rate +0.000953% Assessed CR Tax Rate +0.051564%
Year 2020 Assessed Value $54,179 Land Value $12,814 Improvement Value $41,365 Tax Amount $2,938.94 Change Rate -0.022939% Assessed CR Tax Rate +0.054245%
Year 2019 Assessed Value $50,352 Land Value $11,909 Improvement Value $38,443 Tax Amount $3,007.94 Change Rate -0.03562% Assessed CR Tax Rate +0.059738%
Year 2018 Assessed Value $46,527 Land Value $11,004 Improvement Value $35,523 Tax Amount $3,119.04 Change Rate -0.03535% Assessed CR Tax Rate +0.067037%
Year 2017 Assessed Value $42,302 Land Value $10,005 Improvement Value $32,297 Tax Amount $3,233.34 Change Rate +0.077213% Assessed CR Tax Rate +0.076435%
Year 2016 Assessed Value $38,927 Land Value $9,172 Improvement Value $29,755 Tax Amount $3,001.58 Change Rate Assessed CR Tax Rate +0.077108%
Year 2015 Assessed Value $36,500 Land Value $8,600 Improvement Value $27,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,300 Land Value $8,550 Improvement Value $27,750 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,268 Land Value $9,481 Improvement Value $28,787 Tax Amount $2,809.68 Change Rate Assessed CR Tax Rate +0.073421%