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314 S Reed St; Joliet, IL Property Details

314 S Reed St, Joliet, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 314 S Reed St has 2 bedrooms, and 1 bathroom, and a total of 1,260 square feet. The lot size of 314 S Reed St is 9,107 square feet.

Off market
314 S Reed St Joliet, IL 60436
$135,000 Listing Price
2 Beds
1 Baths
1,260 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $135,000
  • Open Loans / Balance: 4 / $132,101
  • Est. Equity / %: $111,899 / 45.86%
  • Gross Yield: 12.005%
  • APN: 30-07-17-222-009
  • Situs County: Will
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,260/SqFt
  • Lot: 9,107/SqFt
  • Gross: 1,260/SqFt
  • Garage: 440/SqFt
  • Living: 1,260/SqFt
  • Basement: 1,260/SqFt
  • Building: 1,260/SqFt
  • Ground: 1,260/SqFt
  • Garage Unfinished: 440/SqFt
  • Basement Unfinished: 1,260/SqFt
  • Price Per Square Foot: $107.14

Legal Description

  • Description: LOT 298 (EX THE S 22.40 FT THOF) ALL OF LOTS 303 314 IN WEST PARK ADDN TO JOLIET, BEING A SUB OF PRT OF THE NW1/4 OF THE SE
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: 41.516632 / -88.10866
  • Subdivision: West Park Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2051
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

314 S Reed St has 10 associated Taxes items

314 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 $77,668. The APN we've located for 314 S Reed St is 30-07-17-222-009.

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Taxes
  • Assessed Value:  $77,668
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-222-009
  • Assessed Land Value:  19552
  • Market Land Value:  58656
  • Tax Amount:  5594.84
  • Tax Year:  2025
  • Market Value:  233004
  • Market Year:  2025

Tax History

314 S Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,668 Land Value $19,552 Improvement Value $58,116 Tax Amount $5,594.84 Change Rate Assessed CR Tax Rate +0.072035%
Year 2024 Assessed Value $71,059 Land Value $17,888 Improvement Value $53,171 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,135 Land Value $15,893 Improvement Value $47,242 Tax Amount $4,918.44 Change Rate +0.042029% Assessed CR Tax Rate +0.077904%
Year 2022 Assessed Value $57,110 Land Value $14,376 Improvement Value $42,734 Tax Amount $4,720.06 Change Rate +0.060955% Assessed CR Tax Rate +0.082649%
Year 2021 Assessed Value $53,339 Land Value $13,427 Improvement Value $39,912 Tax Amount $4,448.88 Change Rate +0.061137% Assessed CR Tax Rate +0.083408%
Year 2020 Assessed Value $50,654 Land Value $12,751 Improvement Value $37,903 Tax Amount $4,192.56 Change Rate +0.062171% Assessed CR Tax Rate +0.082769%
Year 2019 Assessed Value $47,076 Land Value $11,850 Improvement Value $35,226 Tax Amount $3,947.16 Change Rate +0.093675% Assessed CR Tax Rate +0.083847%
Year 2018 Assessed Value $42,220 Land Value $10,610 Improvement Value $31,610 Tax Amount $3,609.08 Change Rate -0.056124% Assessed CR Tax Rate +0.085483%
Year 2017 Assessed Value $37,017 Land Value $9,646 Improvement Value $27,371 Tax Amount $3,823.68 Change Rate +0.042676% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $34,120 Land Value $8,827 Improvement Value $25,293 Tax Amount $3,667.18 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $30,900 Land Value $8,300 Improvement Value $22,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,750 Land Value $8,250 Improvement Value $22,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,798 Land Value $9,186 Improvement Value $24,612 Tax Amount $2,748.6 Change Rate Assessed CR Tax Rate +0.081324%