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501 Prospect Pl; Joliet, IL Property Details

501 Prospect Pl, Joliet, IL is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 501 Prospect Pl has 2 bedrooms, and a total of 720 square feet. The lot size of 501 Prospect Pl is 6,093 square feet.

Off market
501 Prospect Pl Joliet, IL 60436
$53,387 Estimated Value
2 Beds
720 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1948
  • Purchase Price: $78,500
  • Est. Equity / %: $190,000 / 100%
  • Gross Yield: 12.265%
  • APN: 30-07-17-414-030
  • Situs County: Will
  • Length Of Ownership: 25 years, 3 months

Rooms

  • Bedrooms: 2

Structure

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

Measurements

  • Total: 720/SqFt
  • Lot: 6,093/SqFt
  • Gross: 720/SqFt
  • Garage: 280/SqFt
  • Living: 720/SqFt
  • Basement: 720/SqFt
  • Building: 720/SqFt
  • Garage Unfinished: 280/SqFt
  • Price Per Square Foot: $109.03

Legal Description

  • Description: LOT 1 BLOCK 7 IN MILLBORO, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 17, 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: 41.51393 / -88.10179
  • Subdivision: Millboro
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2023
  • Cooling: Central
  • Garage: Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

501 Prospect Pl has no associated ownership info
501 Prospect Pl has no associated ownership info.

Taxes

501 Prospect Pl has 10 associated Taxes items

501 Prospect Pl, 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 $53,387. The APN we've located for 501 Prospect Pl is 30-07-17-414-030.

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Taxes
  • Assessed Value:  $53,387
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-17-414-030
  • Assessed Land Value:  8928
  • Market Land Value:  26784
  • Tax Amount:  832.14
  • Tax Year:  2025
  • Market Value:  160161
  • Market Year:  2025

Tax History

501 Prospect Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,387 Land Value $8,928 Improvement Value $44,459 Tax Amount $832.14 Change Rate Assessed CR Tax Rate +0.015587%
Year 2024 Assessed Value $48,844 Land Value $8,168 Improvement Value $40,676 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $43,397 Land Value $7,257 Improvement Value $36,140 Tax Amount $924.36 Change Rate -0.348446% Assessed CR Tax Rate +0.0213%
Year 2022 Assessed Value $39,255 Land Value $6,564 Improvement Value $32,691 Tax Amount $1,418.7 Change Rate -0.01733% Assessed CR Tax Rate +0.036141%
Year 2021 Assessed Value $36,663 Land Value $6,131 Improvement Value $30,532 Tax Amount $1,443.72 Change Rate +0.000957% Assessed CR Tax Rate +0.039378%
Year 2020 Assessed Value $34,817 Land Value $5,822 Improvement Value $28,995 Tax Amount $1,442.34 Change Rate -0.022937% Assessed CR Tax Rate +0.041426%
Year 2019 Assessed Value $32,358 Land Value $5,411 Improvement Value $26,947 Tax Amount $1,476.2 Change Rate -0.035617% Assessed CR Tax Rate +0.045621%
Year 2018 Assessed Value $28,996 Land Value $4,833 Improvement Value $24,163 Tax Amount $1,530.72 Change Rate +0.189703% Assessed CR Tax Rate +0.052791%
Year 2017 Assessed Value $26,362 Land Value $4,394 Improvement Value $21,968 Tax Amount $1,286.64 Change Rate -0.314216% Assessed CR Tax Rate +0.048807%
Year 2016 Assessed Value $23,456 Land Value $4,016 Improvement Value $19,440 Tax Amount $1,876.16 Change Rate Assessed CR Tax Rate +0.079986%
Year 2015 Assessed Value $21,200 Land Value $3,800 Improvement Value $17,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $21,100 Land Value $3,800 Improvement Value $17,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,759 Land Value $4,225 Improvement Value $20,534 Tax Amount $1,676.92 Change Rate Assessed CR Tax Rate +0.06773%