- Assessed Value: $45,885
- Assessed Year: 2025
- Assessed County: Will
- APN: 30-07-16-316-014
- Assessed Land Value: 12498
- Market Land Value: 37494
- Tax Amount: 3684.9
- Tax Year: 2025
- Market Value: 137655
- Market Year: 2025
501 Cherry St; Joliet, IL Property Details
Off market
501 Cherry St Joliet, IL 60436
$97,500 Listing Price
2 Beds
1 Baths
908 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1870
- Purchase Price: $97,500
- Open Loans / Balance: 1 / $97,643
- Est. Equity / %: $115,357 / 54.16%
- Gross Yield: 6.98%
- APN: 30-07-16-316-014
- Situs County: Will
- Length Of Ownership: 3 years, 9 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
Structure
- Stories: 1
Measurements
- Total: 908/SqFt
- Lot: 11,839/SqFt
- Gross: 908/SqFt
- Garage: 1,248/SqFt
- Living: 908/SqFt
- Basement: 908/SqFt
- Building: 908/SqFt
- Garage Unfinished: 1,248/SqFt
- Price Per Square Foot: $107.38
Legal Description
- Description: THE E1/2 OF LOT 1 ALL OF LOT 4 IN BLK 100 IN SCHOOL SECTION ADDITION TO JOLIET, A SUB OF PRT OF THE E1/2 SW1/4 OF SEC 16, T3
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: 41.51407 / -88.09361
- Subdivision: School Section Addition
- Property Class: Residential
- County Use Code: R
Amenities
- Plus Four: 2103
- Garage: Garage
- Parking: 5
HOA
- H O A One Type: Planned Unit Development
Ownership Info
501 Cherry St has no associated ownership info
501 Cherry St has no associated ownership info.
Taxes
501 Cherry St has 10 associated Taxes items
501 Cherry 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 $45,885. The APN we've located for 501 Cherry St is 30-07-16-316-014.
Unlock the full reportTaxes
Tax History
501 Cherry St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $45,885 | Land Value $12,498 | Improvement Value $33,387 | Tax Amount $3,684.9 | Change Rate | Assessed CR | Tax Rate +0.080307% |
| Year 2024 | Assessed Value $41,981 | Land Value $11,435 | Improvement Value $30,546 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $37,300 | Land Value $10,160 | Improvement Value $27,140 | Tax Amount $3,327.42 | Change Rate +0.067877% | Assessed CR | Tax Rate +0.089207% |
| Year 2022 | Assessed Value $33,740 | Land Value $9,190 | Improvement Value $24,550 | Tax Amount $3,115.92 | Change Rate +0.2996% | Assessed CR | Tax Rate +0.092351% |
| Year 2021 | Assessed Value $31,512 | Land Value $8,583 | Improvement Value $22,929 | Tax Amount $2,397.6 | Change Rate +0.067298% | Assessed CR | Tax Rate +0.076085% |
| Year 2020 | Assessed Value $29,926 | Land Value $8,151 | Improvement Value $21,775 | Tax Amount $2,246.42 | Change Rate +0.071765% | Assessed CR | Tax Rate +0.075066% |
| Year 2019 | Assessed Value $27,812 | Land Value $7,575 | Improvement Value $20,237 | Tax Amount $2,096 | Change Rate +0.110617% | Assessed CR | Tax Rate +0.075363% |
| Year 2018 | Assessed Value $24,940 | Land Value $6,776 | Improvement Value $18,164 | Tax Amount $1,887.24 | Change Rate +0.095678% | Assessed CR | Tax Rate +0.075671% |
| Year 2017 | Assessed Value $22,675 | Land Value $6,161 | Improvement Value $16,514 | Tax Amount $1,722.44 | Change Rate +0.10294% | Assessed CR | Tax Rate +0.075962% |
| Year 2016 | Assessed Value $20,530 | Land Value $5,652 | Improvement Value $14,878 | Tax Amount $1,561.68 | Change Rate | Assessed CR | Tax Rate +0.076068% |
| Year 2015 | Assessed Value $19,250 | Land Value $5,300 | Improvement Value $13,950 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $19,150 | Land Value $5,250 | Improvement Value $13,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $21,124 | Land Value $5,846 | Improvement Value $15,278 | Tax Amount $1,575.58 | Change Rate | Assessed CR | Tax Rate +0.074587% |