Large Location Icon

321 S Reed St; Joliet, IL Property Details

321 S Reed St, Joliet, IL is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 321 S Reed St has 2 bedrooms, and 1 bathroom, and a total of 1,021 square feet. The lot size of 321 S Reed St is 5,375 square feet.

Off market
321 S Reed St Joliet, IL 60436
$60,348 Estimated Value
2 Beds
1 Baths
1,021 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1924
  • Purchase Price: $41,000
  • Open Loans / Balance: 1 / $68,897
  • Est. Equity / %: $193,103 / 73.7%
  • Gross Yield: 8.67%
  • APN: 30-07-17-221-033
  • Situs County: Will
  • Length Of Ownership: 15 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Other
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,021/SqFt
  • Lot: 5,375/SqFt
  • Gross: 1,021/SqFt
  • Garage: 420/SqFt
  • Living: 1,021/SqFt
  • Basement: 1,021/SqFt
  • Building: 1,021/SqFt
  • Garage Unfinished: 396/SqFt
  • Price Per Square Foot: $40.16

Legal Description

  • Description: LOT 265 IN WEST PARK ADDN TO JOLIET, BEING A SUB OF PRT OF THE NW1/4 OF THE SE1/4 THE S 30 ACRES OF THE W1/2 OF THE NE1/4 OF
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: 41.51604 / -88.109116
  • Subdivision: West Park Addition To Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2050
  • Cooling: Central
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

321 S Reed St has 10 associated Taxes items

321 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 $60,348. The APN we've located for 321 S Reed St is 30-07-17-221-033.

Unlock the full report
Taxes
  • Assessed Value:  $60,348
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-221-033
  • Assessed Land Value:  12141
  • Market Land Value:  36423
  • Tax Amount:  4846.38
  • Tax Year:  2025
  • Market Value:  181044
  • Market Year:  2025

Tax History

321 S Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,348 Land Value $12,141 Improvement Value $48,207 Tax Amount $4,846.38 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $55,213 Land Value $11,108 Improvement Value $44,105 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $49,056 Land Value $9,869 Improvement Value $39,187 Tax Amount $4,376.14 Change Rate +0.067877% Assessed CR Tax Rate +0.089207%
Year 2022 Assessed Value $44,374 Land Value $8,927 Improvement Value $35,447 Tax Amount $4,097.98 Change Rate +0.052145% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $41,444 Land Value $8,338 Improvement Value $33,106 Tax Amount $3,894.88 Change Rate +0.054003% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $39,358 Land Value $7,918 Improvement Value $31,440 Tax Amount $3,695.32 Change Rate +0.051318% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $36,578 Land Value $7,359 Improvement Value $29,219 Tax Amount $3,514.94 Change Rate +0.074583% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $32,827 Land Value $6,610 Improvement Value $26,217 Tax Amount $3,270.98 Change Rate +0.060994% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $29,846 Land Value $6,010 Improvement Value $23,836 Tax Amount $3,082.94 Change Rate +0.056894% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $27,140 Land Value $5,505 Improvement Value $21,635 Tax Amount $2,916.98 Change Rate Assessed CR Tax Rate +0.107479%
Year 2015 Assessed Value $24,850 Land Value $5,200 Improvement Value $19,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,700 Land Value $5,150 Improvement Value $19,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $28,935 Land Value $5,699 Improvement Value $23,236 Tax Amount $2,743.04 Change Rate Assessed CR Tax Rate +0.0948%