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501 S Desplaines St; Joliet, IL Property Details

501 S Desplaines St, Joliet, IL is a Single Family that was built in 1898. This property is currently a cash purchase and is not for sale. Our records show that 501 S Desplaines St has a total of 920 square feet. The lot size of 501 S Desplaines St is 4,566 square feet.

Off market
501 S Desplaines St Joliet, IL 60436
$37,567 Estimated Value
920 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1898
  • Purchase Price: $25,000
  • Est. Equity / %: $166,000 / 100%
  • Gross Yield: 18.072%
  • APN: 30-07-16-415-007
  • Situs County: Will
  • Length Of Ownership: 5 months

Structure

  • Stories: 1

Measurements

  • Total: 920/SqFt
  • Lot: 4,566/SqFt
  • Gross: 920/SqFt
  • Living: 920/SqFt
  • Basement: 920/SqFt
  • Building: 920/SqFt
  • Price Per Square Foot: $27.17

Legal Description

  • Description: THE N 48 FT OF THE E 100 FT OF LOT 10 OF BUSH'S SUB OF BLK 95, IN THT PRT OF THE CITY OF JOLIET DESCD AS SCHOOL SECTION ADDN
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.514305 / -88.08568
  • Subdivision: Bushs Add Joliet
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 2326

Ownership Info

501 S Desplaines St has no associated ownership info
501 S Desplaines St has no associated ownership info.

Taxes

501 S Desplaines St has 10 associated Taxes items

501 S Desplaines 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 $37,567. The APN we've located for 501 S Desplaines St is 30-07-16-415-007.

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Taxes
  • Assessed Value:  $37,567
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  30-07-16-415-007
  • Assessed Land Value:  5254
  • Market Land Value:  15762
  • Tax Amount:  3016.9
  • Tax Year:  2025
  • Market Value:  112701
  • Market Year:  2025

Tax History

501 S Desplaines St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,567 Land Value $5,254 Improvement Value $32,313 Tax Amount $3,016.9 Change Rate Assessed CR Tax Rate +0.080307%
Year 2024 Assessed Value $34,371 Land Value $4,807 Improvement Value $29,564 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $30,538 Land Value $4,271 Improvement Value $26,267 Tax Amount $2,765.06 Change Rate +0.083904% Assessed CR Tax Rate +0.090545%
Year 2022 Assessed Value $27,623 Land Value $3,863 Improvement Value $23,760 Tax Amount $2,551.02 Change Rate +0.052158% Assessed CR Tax Rate +0.092351%
Year 2021 Assessed Value $25,799 Land Value $3,608 Improvement Value $22,191 Tax Amount $2,424.56 Change Rate +0.409185% Assessed CR Tax Rate +0.093979%
Year 2020 Assessed Value $18,325 Land Value $3,426 Improvement Value $14,899 Tax Amount $1,720.54 Change Rate +0.051302% Assessed CR Tax Rate +0.09389%
Year 2019 Assessed Value $17,031 Land Value $3,184 Improvement Value $13,847 Tax Amount $1,636.58 Change Rate +0.043684% Assessed CR Tax Rate +0.096094%
Year 2018 Assessed Value $15,737 Land Value $2,942 Improvement Value $12,795 Tax Amount $1,568.08 Change Rate +0.06099% Assessed CR Tax Rate +0.099643%
Year 2017 Assessed Value $14,308 Land Value $2,675 Improvement Value $11,633 Tax Amount $1,477.94 Change Rate +0.044023% Assessed CR Tax Rate +0.103295%
Year 2016 Assessed Value $13,171 Land Value $2,453 Improvement Value $10,718 Tax Amount $1,415.62 Change Rate Assessed CR Tax Rate +0.10748%
Year 2015 Assessed Value $12,350 Land Value $2,300 Improvement Value $10,050 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $12,300 Land Value $2,300 Improvement Value $10,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $12,920 Land Value $2,555 Improvement Value $10,365 Tax Amount $1,345.98 Change Rate Assessed CR Tax Rate +0.104178%